Garrett Jin whale entity closes 1,333 BTC long, earns $8.38 million

  • Garrett Jin closed a 1,333 BTC long position after holding it three days.
  • 1,333 BTC were exited at $84,455 for an $8.38 million profit.
  • Garrett Jin has no open Hyperliquid positions and previously closed a ZEC short.

BitForex founder Garrett Jin closed a 1,333 BTC long position worth $112 million after holding it for three days, booking a reported $8.38 million profit. The position was opened at $78,057 and exited at $84,455, EmberCN reported. Jin has faced allegations of profiting from insider trading ahead of last October’s record forced-liquidation event. He had also closed a ZEC short position and now has no open positions on Hyperliquid, while his on-chain address still holds spot BTC, ETH and ZEC.

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Garrett Jin whale entity closes 1,333 BTC long, earns $8.38 million - CoinPost Terminal