Odaily Planet Daily reports, according to on-chain analyst Yujin, agent Garrett Jin of "1011 Insider Whale" has just closed a $107 million BTC long position, totaling 1,331 BTC. He now holds only a heavily losing ZEC short position: 39,760 ZEC ($47 million), with an unrealized loss of $24 million.
1011 Insider Whale Agent Closes $107M BTC Long Position
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Summary
Garrett Jin, agent of the '1011 Insider Whale,' recently closed a $107 million BTC long position, totaling 1,331 BTC. This move signals a shift in his position trading strategy. He now holds a ZEC short position of 39,760 ZEC ($47 million) with a floating loss of $24 million. Position sizing appears to be a key factor in his current portfolio adjustments.
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