Up $2M on a $BTC Long... and Still Somehow Losing Money😭.
Garrett Jin is taking some profit off his massive BTC long after holding it for more than 3 months.
He started with a 1,868 BTC long, worth around $147M, and has already closed 537 BTC, locking in over $210K in profit.
He still holds 1,331.87 BTC, worth roughly $104M, with another $1.8M in unrealized profit. So... profitable trade, right?
Well the answer is .... not exactly. Holding that position for over three months has cost him around...