The 100% win-rate counterparty funding fees have earned over $8.35 million, possibly belonging to a hedging address.
According to Jinse Finance, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that the 100% win-rate counterparty address has increased its BTC short position to 1,209.36 BTC (approximately $139 million). Meanwhile, 10 minutes ago, a limit sell order for 22.05 BTC was placed in the $115,331 - $115,570 range. The take-profit point is set at $97,332 - $98,932. This address has held its position for several months and has already earned over $8.35 million in funding fees, suggesting it may be for hedging purposes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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