The "BTC OG Insider Whale" has lost $5.55 million in fees after holding onto losing positions for nearly a month.
AI Summary1 min read
TL;DR
A 'BTC OG Insider Whale' has incurred $5.55 million in fees by holding losing positions since December 2025, with a current overall floating loss of about $9 million despite a brief profit rebound.
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EthereumLayer 1Smart ContractsBTC OG Insider Whalefunding feesETH long positionfloating losscrypto trading
According to Mars Finance, on January 10th, Hyperinsight monitoring showed that the "BTC OG Insider Whale" has paid a total of $5.55 million in funding fees since it began holding onto its positions after turning completely unprofitable on December 12th, 2025. Of this, $4.615 million was paid to maintain its 5x ETH long position (worth $627 million), which is currently showing a floating loss of $12.09 million. It's worth noting that the "BTC OG Insider Whale" had a floating loss of nearly $80 million on December 19th, 2025, before turning a profit after the market rebounded on January 4th, subsequently achieving a floating profit of $27 million. However, the address did not reduce its position, and currently has an overall floating loss of approximately $9 million, including a $3 million floating profit on its SOL long position.