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"BTC OG Insider Whale" Approaches Profitability Again, SOL Long Position with Unrealized Profit of $6.89 Million
BlockBeats News, January 13th, according to Hyperinsight monitoring, as Bitcoin rebounds and breaks through $92,000, the “BTC OG Insider Whale” is once again approaching break-even, currently with an overall unrealized profit of $5 million, including:
· BTC long position (5x): unrealized loss of $2.39 million
· ETH long position (5x): unrealized profit of $632,000
· SOL long position (10x): unrealized profit of $6.89 million
Due to its overall position size reaching $800 million, since opening the position, its account has paid $6.13 million in funding fees. It still needs to wait for the market to rise further to truly turn its account profitable.