ChainCatcher reported that insider whale Garret Jin recorded a notable daily loss. The account lost $5.08 million today, while its total position value reached $102.4 million. All current positions are long positions. Among them, the Bitcoin long position is approximately $79.34 million, accounting for nearly 80% of the total portfolio and forming the largest part of the account’s exposure.
Bitcoin Position Accounts for the Main Floating Loss
In addition to Bitcoin, Garret Jin also holds about $22.86 million in ZEC longs and around $257,000 in UNI longs. Based on the current unrealized profit and loss figures, the BTC position is showing a floating loss of about $17.2 million, while the ZEC position has a floating profit of roughly $893,000. The UNI position is showing a floating loss of about $47,300. The profit and loss performance differs across assets, but the account’s positioning remains consistent, with all holdings on the long side.
Over the past 24 hours, the account’s perpetual contract losses totaled approximately $5.0897 million. Its total account assets stand at about $66.4465 million. The figures show that, under a large concentrated long allocation, Garret Jin’s account performance is mainly affected by movements in the BTC position.