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Over the last 2 days the Insider who shorted Oct. 10 added 20K ETH (~60 Million $) and 50K SOL to his longs, currently he's down ~ 47 Million Dollars

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by COINS NEWS 235 Views

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 Bitcoin

He 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
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