Garrett Jin opens $107M long on 1,330 BTC, up $3.05M
- —Position size is 1,330 BTC, about $107 million
- —Average entry price is $78,057
- —Unrealized profit is about $3.05 million
Why it matters: A large long from a well-known trader signals a bet on bitcoin continuing to rise above $78,000.
Source: PANews