The CEO of FTX still made a profit of 7,000 bitcoins, while Bitfinex lost $13m just as a hedge

According to the Bitfinex ranking data today, the Alameda account certified as FTX CEO had a floating loss of $13.1263 million on the Bitfinex account of February 3 solstice on February 24. RenrenBit founder zhao dong asked Alameda on twitter whether the money for the contract was personal or FTX? Alameda responded on zhao dong's twitter account:"It's personal money, and it's a hedge, that has been shorted elsewhere. (Bitfinex is long because) Bitfinex trades at a big discount to other trading platforms."

According to BlockBeats, FTX CEO also conducted contract operation on the BitMEX trading platform, but it also showed a floating loss. But he still earns more than 7,000 bitcoins on BitMEX, according to public data. He chose to short BitMEX and long Bitfinex, or because the long Bitfinex funding fee and short BitMEX funding fee are the most cost-effective in the market, so the cross-platform fund spread to absorb.

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