Lookonchain: Garrett Jin is taking profit on his $147M Bitcoin long, but $1.94M in funding fees mean he is still in the red overall
Lookonchain reports that Garrett Jin (@GarrettBullish) is taking profit on his 1,868 bitcoin:native ($147M) long position, having closed 276 bitcoin:native ($21.5M) so far for a $210K profit. He still holds 1,592 bitcoin:native ($123.92M) with $1.18M in unrealized profit. However, after holding the long for over 3 months, he has paid $1.94M in funding fees, resulting in an overall net loss.
Source:X@lookonchain · Source Link
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