#RedSeptember #MarketPullback #ListedCompaniesAltcoinTreasury
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*📉 Whale Losing Millions but Still Winning? | Smart Funding Play Exposed*
In the fast-paced world of crypto futures, not every red number is a loss — especially when it comes to *whales* who play the game differently.
Let’s break down one recent trade that’s turning heads:
A whale sitting on *84 million in unrealized losses* across *ETH* and *SOL*… but here’s the twist — he’s still *earning millions*. How?
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🔍 Trade Breakdown:
*ETH Short*
- Size: -64K ETH
- Entry:3161.13
- Unrealized Loss: *-72.97M*
- Funding Fee: *+9.36M*
- Leverage: 10x Cross
*SOL Short*
- Size: -346.5K SOL
- Entry: $170.50
- Unrealized Loss: *-11.43M*
- Funding Fee: *+2.37M*
- Leverage: 10x Cross
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🧠 The Smart Play: *Funding Fee Arbitrage*
This isn't a rookie mistake — it's a *strategic funding fee farming setup*.
> 💡 In perpetual futures, when market sentiment is overly bullish, *shorts get paid funding* from longs to hold positions.
> The more capital and size you hold short, the more you earn — *even if price moves against you*.
