A certain CXMT short whale's funding fee payment exceeded $3.4 million, with a position's unrealized loss of $3.67 million.

August 12th, according to LookIntoChain data, the whale 0xf292 was reported to have shorted 2.9 million CXMT tokens with 1x leverage, with a position worth approximately $22.57 million and an unrealized loss of $3.67 million. The whale has already paid over $3.4 million in funding fees. On average, the whale is paying approximately $170,000 in funding fees per day.