Garrett Jin Closes $107M BTC Long Position, Profits $1.02M After 3.5 Months

On September 7, according to on-chain analyst Ember's monitoring, the Garrett Jin whale entity just closed a BTC long position worth $107 million (1,331 BTC), yielding a profit of $1.02 million after holding for 3.5 months. It still holds a short position of 39,760 ZEC ($47 million), with an unrealized loss of $24 million. Earlier this afternoon, it added margin to the ZEC short position, and in the evening, it closed the profitable BTC long position.