A certain whale shorted BTC with a floating profit of 12.5 million USD, with financing fee income of 9.6 million USD from a 2-month holding period.

BlockBeats news, on December 24, according to Arkham monitoring, a certain wave trader has achieved a cumulative realized and unrealized profit of 12.5 million USD from a BTC short position held for 2 months.

Due to the extremely long holding period, the financing fee income generated from this single trade has reached as high as 9.6 million USD. In addition, they also hold BTCB worth 3.5 million USD on the BNB Chain.