Whale Earns $2.645 Million in Funding Fees on ChangXin Memory Technologies Long Position

A whale that began going long on ChangXin Memory Technologies on July 15 has received about $2.645 million in funding fees and is still sitting on about $3.094 million in unrealized profit on the long position. According to Odaily, the whale also holds about $4.575 million in io:ANTH long positions. The whale still holds about 1.4956 million ChangXin Memory Technologies tokens, with an average entry price of about $6.62 and a position value of about $12.988 million. Funding fee income and current unrealized gains together total about $5.738 million, with the unrealized profit not yet locked in. The whale’s ANTH position began on September 1 with an initial purchase of about $95,700. The long position has since grown to 2,298.60 ANTH using 4x isolated leverage, with a combined entry price of $1,963.57, unrealized profit of about $61,900, and an estimated liquidation price of $1,321.35. The whale also has a limit buy order for 30 ANTH at $1,910 and plans to add about $57,300 more. ANTH is an Anthropic pre-listing perpetual contract deployed by EntropyIO. ANTH was quoted at about $1,990.5, implying a chain-based market value of about $1.99 trillion for Anthropic; the whale’s entry price implies an estimated valuation of about $1.964 trillion.