Garrett Jin the Insider who shorted 900 Million Bitcoin went long a few days ago with another 600, now 700+ Million Bet.
He’s current positions are:
1000 BTC
Roughly 88 Milllion $ right now. He’s down $-3,375,767.29 on this position No liquidation price as his Account holds enough Balance to cover the full position. However the ETH position could change that.203,340 ETH
Roughly 600 Milllion $ right now. He’s down $-39,812,704.93 on this position Liquidation Price around 2125 He earned more than a 1.8 Million in Funding here so far.301,612 SOL
Roughly 37 Milllion $ right now. He’s down $-3,032,185.65 on this position No liquidation same as BitcoinHe is down about 47 Million.
When the Longs were being filled I pointed out that while he was down 15 Million or so there, mostly it was planned.
He placed limit orders downward that roughly were in line with 30-40 Million in the red if they all get filled across all positions.
I.e. he could only get into the position he wanted if he accepted at least a 40 Million loss because he placed limit orders down wards.
And these weren’t necessarily “lucky” orders, he placed one 300 ETH Order every 1.2$ in price down, meaning he really wanted to fill this position but also really expected a dip.
Not sure what to make of it but this fill was very impressive, so I’m super watching this one now.
https://wangr.com/watch/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae
Follow along, note he also has about 80 Million left in binance at least which he could transfer in as he’s done before.
What do you think? Rekt this time or another 100 Million win?
submitted by /u/obolli [link] [comments]r/CryptoCurrencyRead More
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