Monitoring indicates an address associated with Garrett Jin holds an approximately 113000000 USD BTC long position
BIBIBI
AT A GLANCE
The post stated that the unrealized profit on an address's BTC long positions increased from approximately 7366700 US dollars to approximately 9413400 US dollars.
Article
🐳【BTC OG insider whale “BTC long position TOP 1”】BTC long position unrealized profit expands!
▫️ P&L: +7,366,691.96 USD (+19.83%) → +9,413,376.93 USD (+24.89%)
▫️ Average entry price: 78,056.90 USD
▫️ Current price: 85,118.25 USD
▫️ Liquidation price: 0 USD
▫️ Position size: 113,469,905.12 USD
🔥 Note: This whale is an OG address that once held over 50000 BTC and remained dormant for 8 years, before gradually rotating part of its BTC into ETH. Its trades have repeatedly been highly synchronized with Trump’s remarks and US policy developments. Ahead of the sharp decline on “10.11,” it profited nearly 100000000 USD from short positions, drawing market attention. BitForex CEO Garrett Jin once stated that the address was associated with his clients. 🔥
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Key points
01
The post lists P&L changing from +7,366,691.96 USD (+19.83%) to +9,413,376.93 USD (+24.89%).
02
The post lists an average entry price of 78,056.90 USD and a current price of 85,118.25 USD.
03
The post lists a liquidation price of 0 USD and a position size of 113,469,905.12 USD.
04
The address provided in the post is 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9。
05
The post stated that the address had once held more than 50000 BTC and remained dormant for 8 years, after which it gradually rotated part of its BTC holdings into ETH.
06
The post stated that the address opened short positions before the "10.11" plunge and made nearly 100000000 US dollars in profit.
07
The post stated that BitForex CEO Garrett Jin had said that the address was associated with his clients.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This post presents data on a BTC long position held by an address. The so-called “expanding unrealized profit” means that, based on the current coin price provided in the post, the unrealized book profit on the open position has increased; this does not mean the profit has actually been realized.
Why it matters to readers
The scale of the holdings and unrealized profit may draw market participants' attention to the address's subsequent actions.
Beginners should distinguish between “unrealized profit” and “realized profit,” and note that position information for a single address alone cannot prove whether the market will rise or fall next.
Risks and unknowns
The accuracy of the position data, coin price, and address ownership cannot be confirmed from the post alone.
Claims such as “insider whale,” “BTC long position TOP 1,” and “highly synchronized with Trump’s remarks and US policy developments” are not supported by verification materials.
It cannot be confirmed why the liquidation price is shown as 0 US dollars.
The specific meaning of the client relationship described by Garrett Jin cannot be confirmed.
The post does not clearly specify which year “10.11” refers to.
The post includes a TradingBeats promotional link, and the information may have a promotional purpose.
Related Developments
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Related concepts
Long Positions
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