๐ Major fluctuations: "Shark" Garrett Jin continues pouring tens of millions of USD into Bitcoin!
An internal wallet of "BTC OG" has drawn attention from the community after deciding to strongly increase its buying position.
Detailed specs:
๐น Just accumulated more: 600 BTC (about $47.4 million) at a price of $79,000.
๐น Total holdings: 1,868 BTC (worth $147 million).
๐น Average cost basis: $77,090.
๐น Current profit: +$2.78 million.
Quick analysis:
What stands out is that even after previously losing up to $23 million at the beginning of July, Garrett Jin has remained with the position over the past three months. The willingness to "go all-in" at a high price level shows absolute confidence in BTCโs growth potential. However, not every bet has paid offโthis wallet is currently down more than $10 million due to placing the wrong direction (short) on ZEC.
What do you think of this strategy? Will BTC soon set a new peak so the whale can reap the sweet rewards?
๐ Discover a deeper perspective โ Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #Bitcoin #CaMap $BTC
An internal wallet of "BTC OG" has drawn attention from the community after deciding to strongly increase its buying position.
Detailed specs:
๐น Just accumulated more: 600 BTC (about $47.4 million) at a price of $79,000.
๐น Total holdings: 1,868 BTC (worth $147 million).
๐น Average cost basis: $77,090.
๐น Current profit: +$2.78 million.
Quick analysis:
What stands out is that even after previously losing up to $23 million at the beginning of July, Garrett Jin has remained with the position over the past three months. The willingness to "go all-in" at a high price level shows absolute confidence in BTCโs growth potential. However, not every bet has paid offโthis wallet is currently down more than $10 million due to placing the wrong direction (short) on ZEC.
What do you think of this strategy? Will BTC soon set a new peak so the whale can reap the sweet rewards?
๐ Discover a deeper perspective โ Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #Bitcoin #CaMap $BTC