"Big Whale" 1011 Insider Big Shot Barun Makes a Move Again. Last night, he increased his ETH holdings by 20,000 coins, expanding his long position to 223,000 ETH, with a single coin valuation of approximately $736 million, and unrealized gains close to $30 million.
What’s even more noteworthy is that this whale has maintained a full long position for nearly two consecutive months. The total holdings of the three main cryptocurrencies ETH, BTC, and SOL have approached $900 million, with accumulated unrealized gains reaching $39.4 million.
However, funding rates are an invisible cost—just this one factor has cost him $7 million. It’s clear that in this round of market movement, even top whales’ long dreams come at a significant price.
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RooftopVIP
· 7h ago
Baron’s move this time is incredible, with a fee cost of 7 million USD... retail investors like us can’t even imagine it.
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PumpStrategist
· 7h ago
$7 million in fee costs, this is the real hidden killer. No matter how strong the chips are, they can't withstand this bloody consumption.
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Holding a full position for two months and being forcibly wiped out of $7 million, I just want to know how this big shot mentally prepares himself.
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Interesting levels here. Nearly $40 million in unrealized gains but $7 million cut by fees. When you do the math, the return isn't as attractive anymore.
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With such a high concentration of chips and still maintaining a long position, it has to be a bet on the direction. If the bet is correct, the sky's the limit; if wrong, fees become a timed bomb.
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What does 223,000 ETH indicate? It shows someone is betting on the market direction with real money. The problem is, this cost is quite frightening.
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Holding a full long position for two consecutive months, it looks like perseverance, but in reality, it's bleeding every day. This is the price of holding a position.
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$900 million in holdings being drained by $7 million in fees. Calculate how high the leverage must be or how frequent the trades are.
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The pattern has formed, but the fees are sharpening the sword. The seemingly strong long position has actually been stripped of a lot of chip space.
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WhaleStalker
· 7h ago
Damn, a 7 million fee cost? No matter how much this guy makes, a lot will be eaten up.
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SchroedingerGas
· 8h ago
Holding full position for two months still yields a floating profit of 39.4 million, but the fees eat up 7 million... This is the cost of holding.
"Big Whale" 1011 Insider Big Shot Barun Makes a Move Again. Last night, he increased his ETH holdings by 20,000 coins, expanding his long position to 223,000 ETH, with a single coin valuation of approximately $736 million, and unrealized gains close to $30 million.
What’s even more noteworthy is that this whale has maintained a full long position for nearly two consecutive months. The total holdings of the three main cryptocurrencies ETH, BTC, and SOL have approached $900 million, with accumulated unrealized gains reaching $39.4 million.
However, funding rates are an invisible cost—just this one factor has cost him $7 million. It’s clear that in this round of market movement, even top whales’ long dreams come at a significant price.