Odaily Planet Daily reports, according to Hyperbot data, the leveraged long position in Bitcoin with 3x leverage held by Garrett Jin, agent of the "1011 Insider Whale," has now generated over $4 million in unrealized profits. Two days ago, he added 600 BTC to his long position at $79,000. Meanwhile, his short position of 32,700 ZEC opened at an average price of $444 (worth $25.28 million) is currently underwater by over $11.5 million.
Garrett Jin's Bitcoin long position exceeds $4 million in floating profit
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Summary
According to Hyperbot data, Garrett Jin’s Bitcoin position trade has generated over $4 million in unrealized profit. The 3x long position, managed under the name "1011 Insider Whale," added 600 BTC at $79,000 two days ago. Meanwhile, his ZEC short position, opened at $444 with a total size of 32,700 coins, now shows a loss exceeding $11.5 million. Position sizing was key to the Bitcoin gains, while the ZEC exposure significantly amplified the downside risk.
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