2026-01-18 11:22:27

Latest on-chain monitoring shows that the position size of a leading trader OG whale's long positions has reached $910 million, making it a key market indicator. However, the details behind the data are even more intriguing.

From the account history, this position has accumulated over $7.5 million in funding costs, in other words, holding this position has a significant time cost. Even more concerning is the clear decline in unrealized profits—dropping from over $60 million to $44.9 million, a decrease of nearly 25%.

Breaking it down specifically: ETH longs account for the largest share, approximately $740 million, with an unrealized profit of $35.14 million; BTC longs amount to $95.12 million, but unrealized profit is only $361,000, indicating heavy pressure; SOL positions are relatively resilient, with a $72.73 million position locking in $6.14 million in unrealized profit.

The interesting part is—this trading logic is quite straightforward: using continuous funding costs to bet on the continuation of the trend. Under high leverage, once a trend reversal signal appears, the situation can deteriorate rapidly. So the only thing to watch now is whether this bullish trend can continue to gain market recognition.

ETH-3%

BTC-2,18%

SOL-5,85%

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SilentObserver

· 01-18 11:52

7.5 million in funding fees... This guy is paying tuition to the exchange, gambling on continuation is too risky.

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BtcDailyResearcher

· 01-18 11:44

7.5 million in funding fees have been all pushed in, how optimistic does that make you... but a 25% unrealized profit shrinkage feels a bit risky Once the 910 million large order reverses, that will be truly exciting Only 3.61 million in unrealized profit for BTC? That's a lot of pressure Let's see if we can hold this bullish trend next; once it breaks... sigh How resilient does this guy have to be, paying so much funding fee every day

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TokenSleuth

· 01-18 11:43

7.5 million USD funding fee? This guy is really ruthless, just betting that the market won't reverse.

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DAOTruant

· 01-18 11:42

7.5 million funds fee... This guy is really playing with fire. Betting on the continuation of the trend is too dangerous.

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rugpull_ptsd

· 01-18 11:42

7.5 million in funding fees? This guy is really betting on the trend continuation with real money, it hurts to watch.

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SadMoneyMeow

· 01-18 11:31

7.5 million in funding fees... This guy is really gambling, countdown to liquidation? --- Floating profits shrink by 25%, still holding on tightly. This is the fate of leverage, right? --- BTC's floating profit is only 3.61 million, probably going to be ruined. --- Over 900 million in long positions pressing here, is this really the market's stabilizer? Or the next reverse indicator? --- Funding fees are flowing like a river of blood, brother, this move... seems like it's working for the shorts. --- SOL's resistance to decline is useless; total wipeout is just a matter of time. --- This kind of high leverage gambling for continuation, so many people get wiped out like this. --- The problem is, who can hold up if it crashes now? --- ETH supports most of the sky; if it crashes, it's like pushing a card game directly. --- Holding costs are so heavy, more deadly than floating losses.

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