BitForex founder expands BTC long position to $94M

Garrett Jin, founder of the fraudulent crypto exchange BitForex, has expanded his 5x leveraged BTC long position to 1,268 BTC, worth $94 million, Onchain Lens reported today. His average entry price is $76,117, with a liquidation price of $51,580. Jin is also maintaining a $31.16 million short position in ZEC with 3x leverage, entered at an average price of $626.