Whale's Three Short Positions: Floating Loss Nearly 30 Million U, Surviving by "Renting" Funding Fees
A whale simultaneously holds short positions in BTC, ETH, and SOL, all three positions showing floating losses, but funding fee income continues to flow in, temporarily offsetting the book pressure.
BTC short position at 5x full leverage, holding -2,637.95 coins, valued at about 220 million U, entry price 76,327.4 U, floating loss about 14.038 million U, funding fee income about 2.8834 million U, liquidation price about 151,419.21 U.
ETH short position at 5x full leverage, holding -106,500 coins, valued at about 260 million U, entry price 2,322.73 U, floating loss about 8.2685 million U, funding fee income about 4.0485 million U, liquidation price about 4,115.22 U.
SOL short position at 7x full leverage, holding -722,100 coins, valued at about 75.239 million U, entry price 94.3199 U, floating loss about 7.134 million U, funding fee income about 3.7489 million U, liquidation price about 353.03 U.
The three positions combined have a floating loss close to 30 million U, with funding fee income about 10.68 million U. The BTC short position suffers the heaviest loss, followed by ETH, with SOL relatively smaller. The current account still relies on funding fee "rent" to buffer, but if mainstream coins continue to rise, floating losses and margin pressure may further increase.
The above is a summary of position data and does not constitute investment advice.
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