Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Whale Holding Pressure Mounts, BTC Ecosystem Long Positions Hit New Highs
On-chain data shows that an established whale continues to hold onto over $7.5 billion in long positions. Among them, ETH has the heaviest position, with over $600 million locked in long positions, an opening average price around $3,147. Currently, the floating loss situation is not optimistic.
Overall account status indicates that this whale has paid over $2.93 million in funding fees to maintain these long positions—money flowing out of the account day and night just to keep the bullish bets on BTC, ETH, and SOL. Combined with floating losses, the current paper loss exceeds $40 million.
In the current volatile market environment, such large unilateral betting risk exposure is indeed worth attention. The continuous payment of funding fees means longs are under ongoing pressure, and if the market trend reverses or experiences a rapid correction, these massive positions could easily trigger chain liquidations.