2026-01-19 04:36:04

In just 1.5 hours, the unrealized gains evaporated by $35 million. This wave of decline is indeed quite fierce. The large trader who turned short after the flash crash at 1011 now has unrealized gains cut in half to $13.09 million. What's even more heartbreaking is that they have already paid $7.7 million in funding fees, leaving an actual net unrealized profit of only $5.39 million.

Looking back at this person's entry costs: ETH was bought at $3161.85, BTC at $91506.7, and SOL at $130.19. When these price levels might return is anyone's guess right now. The recent plunge in the market has caused many contract traders' accounts to be in a life-and-death race.

ETH-3,22%

BTC-2,57%

SOL-6,17%

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ChainMemeDealer

· 2h ago

$7.7 million in funding fees, this guy is really ruthless. Even if you bet on the right direction, you still have to pay this much, contracts are just that ruthless.

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NFTregretter

· 2h ago

7.7 million in funding fees, this guy is really "paying tuition," half of the unrealized gains are eaten up, and he still has to chip in. Contracts are just that exciting.

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ApeWithAPlan

· 3h ago

Damn, the funding fee is just too outrageous. Giving away 7.7 million like that, this is real blood loss. I'm numb, 35 million gone in 1.5 hours, what kind of mindset do you need to keep watching the market? Honestly, this big trader betting on short didn't even get it right, might as well settle and go to sleep. Will BTC at 91,500 come back? I think it's uncertain, we have to wait for the next round, buddy. Contract trading is truly a game of life and death. It's exciting when you make money, but despair when you lose. The speed at which this unrealized profit evaporates is suffocating to watch. No wonder some say contracts are like a casino. The funding fee has taken such a big chunk, it's practically a fracture price to exit.

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LiquidityHunter