Garrett Jin Whale Entity Closes $112 Million Bitcoin Long Position for $8.38 Million Profit, Then Opens 500 BTC Short

According to on-chain analyst Yu Jin, the Garrett Jin whale entity closed a Bitcoin long position worth $112 million at a price of $84,455 yesterday, realizing a profit of $8.38 million. In the early hours of today, it flipped to a short position, opening a 500 BTC short at a price of $85,994, worth $43.31 million.