$BTC Garrett Jin this short position was directly fully closed!
The 500 BTC short contracts have all been closed.
The position value is about $43.23 million!
In the end, he only took a profit of $81.7 thousand.
This time, the shorts effectively made a quick exit!
Garrett Jin just closed all 500 BTC short contracts, with a position value of about $43.23 million, ultimately realizing a profit of about $81.7 thousand. Compared to the overall position size, this profit is actually quite small, suggesting that this round was more like a quick short attempt—he tried short-term, saw the price not continue falling, and swiftly stopped.
What’s even more worth watching is his next move. BTC has strengthened again over the past couple of days. If Garrett Jin doesn’t reopen shorts, and instead even flips long again, then it would indicate that this kind of high-leverage “whale” is changing its short-term directional judgment very quickly; conversely, if he first locks in gains and then opens a short again at a higher level, then there will still be new battles up ahead.
A $43.23 million short position only earned $81.7 thousand and then withdrew—shows the shorts weren’t that comfortable either.
Now we’ll see whether he continues to watch from the sidelines, or flips back to the long side again!
Click the card below and get started!👇
$ETH $ZEC
The 500 BTC short contracts have all been closed.
The position value is about $43.23 million!
In the end, he only took a profit of $81.7 thousand.
This time, the shorts effectively made a quick exit!
Garrett Jin just closed all 500 BTC short contracts, with a position value of about $43.23 million, ultimately realizing a profit of about $81.7 thousand. Compared to the overall position size, this profit is actually quite small, suggesting that this round was more like a quick short attempt—he tried short-term, saw the price not continue falling, and swiftly stopped.
What’s even more worth watching is his next move. BTC has strengthened again over the past couple of days. If Garrett Jin doesn’t reopen shorts, and instead even flips long again, then it would indicate that this kind of high-leverage “whale” is changing its short-term directional judgment very quickly; conversely, if he first locks in gains and then opens a short again at a higher level, then there will still be new battles up ahead.
A $43.23 million short position only earned $81.7 thousand and then withdrew—shows the shorts weren’t that comfortable either.
Now we’ll see whether he continues to watch from the sidelines, or flips back to the long side again!
Click the card below and get started!👇
$ETH $ZEC
