Garret Jin's Recent Bitcoin Trading Activity Raises Eyebrows

Analyst @ai_9684xtpa posted on X about Garret Jin's recent trading activities involving Bitcoin (BTC). Jin has reportedly increased his BTC long position to 1,268.33 BTC with a leverage of 5x, at an opening price of $76,117. Despite a floating loss of $4.098 million, Jin's short position in Zcash (ZEC) has yielded a floating profit of $5.82 million, keeping his overall account in the positive. Previously, Jin made headlines with his trading strategies. Before the flash crash on October 11, he opened short positions in BTC and Ethereum (ETH) worth over $1.1 billion, resulting in profits exceeding $160 million. However, in December of last year, Jin opened long positions in BTC, ETH, and Solana (SOL) totaling $700 million, which were liquidated in a single day, leading to a loss of $230 million.