BTC OG Insider Whale's Long Positions Lose Over $6.6M in Funding Fees, Unrealized Gains Narrow to $51M

According to data from OnchainLens on January 15, the long-standing Bitcoin whale known as BTC OG has recently lost over $6.6 million in funding fees on its long positions. At one point yesterday, its unrealized gains had surpassed $60 million, but this figure has since dropped to $51 million due to market volatility.

Below is a breakdown of the whale’s major holdings:

• Long BTC position (5x leverage): $5.18 million in unrealized gains;
• Long ETH position (5x leverage): $37.55 million in unrealized gains;
• Long SOL position (10x leverage): $8.08 million in unrealized gains.

This highlights the growing volatility in the crypto market, which is putting even experienced whale accounts under significant funding pressure.