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Garrett Jin Opens $107M BTC Long Position Amid Controversy

On-chain analyst EmberCN reported on X that Garrett Jin, founder of Bitforex, has opened a long position of 1,330 BTC over the past four hours, valued at $107 million. The average entry price was $78,057, with current unrealized profits totaling $3.05 million.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 가렛 진, $1.07억 규모 BTC 롱 포지션 오픈