Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A major whale continues to short BTC for profit, with funding fee earnings reaching $8.77 million.

robot
Abstract generation in progress

According to ChainCatcher reports and on-chain analyst Ai Yi (@ai 9684xtpa), a whale trader who has been shorting Bitcoin four consecutive times since March 2025 has once again profited. The trader currently holds a short position of 1,231.98 BTC, worth approximately $124 million, with an entry average price of $111,499.3. Despite adding to their position multiple times between October 24 and 28, their position has returned to profitability as Bitcoin’s price declined on November 3. Notably, the trader has earned over $8.77 million solely from funding fees.

BTC-1.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)