According to @ai_9684xtpa, as ETH reclaimed $3,000, a tracked account holds approximately $775 million in long positions with unrealized losses narrowed to $22.82 million; ETH accounts for about 80% of exposure with an ETH-specific unrealized loss of $19.8 million, and cumulative funding fees paid total $4.126 million, source: https://x.com/ai_9684xtpa/status/2007077367324512645; https://hyperbot.network/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae?ic=6792001762. The same report notes a whale that previously moved 77,385.34 ETH at an average $2,835.62 on Dec 1 has resumed activity; deposits to exchanges totaling 112,894.34 ETH valued near $331 million are flagged, while the address attribution remains unconfirmed, source: https://x.com/ai_9684xtpa/status/2007077367324512645; https://intel.arkm.com/explorer/address/0x36ED68c47a007b6D896515070375b3f5AC9BC889. For traders, the combination of heavy long-side exposure and multimillion-dollar funding payments indicates elevated long leverage and potential funding-driven squeezes around the $3,000 level, source: https://x.com/ai_9684xtpa/status/2007077367324512645; https://www.binance.com/en/blog/futures/what-is-funding-rate-and-how-does-it-work-421499824684902263. Large exchange inflows historically increase near-term sell-side liquidity and volatility, warranting close monitoring of exchange netflows and funding into local resistance, source: https://intel.arkm.com/explorer/address/0x36ED68c47a007b6D896515070375b3f5AC9BC889; https://academy.glassnode.com/metrics/exchanges/exchange-net-position-change.