Garrett Jin's leveraged Bitcoin position is experiencing significant unrealized losses amid a market downturn. On-chain analyst Onchain Lens reports that Jin's 5x leveraged long position, consisting of 1,268 BTC, is currently underwater by more than $11.5 million. This development highlights the risks associated with high-leverage trading in volatile markets.
Garrett Jin Faces $11.5 Million Loss on Bitcoin Long Position
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
