Huang Licheng’s ETH long position reaps 4.93 million USD floating profit despite 813,000 USD funding fees

Huang Licheng’s long position in ETH yields a floating profit of 4.93 million USD. He possesses 16,560 ETH, worth around 77.97 million USD, with an entry price of 4,410.23 USD.

Despite the profit, the funding fees have surpassed 813,000 USD, making the overall profit margin narrow. Analyst @ai_9684xtpa provided these insights.