COINOTAG News, citing Arkham Monitoring, reports that a prominent whale trader realized and unrealized gains totaling $12.5 million from a BTC short held for about two months. The extended holding period produced a funding fee of roughly $9.6 million, underscoring the cost dynamics of sustained leverage over time.
The report also notes that the trader holds about $3.5 million in BTCB on the BNB Chain, signaling cross-chain exposure among large holders and broader network activity in cryptocurrency markets.
Source: https://en.coinotag.com/breakingnews/bitcoin-whale-nets-12-5m-from-2-month-btc-short-9-6m-funding-fee-and-3-5m-btcb-on-bnb-chain
