BitForex founder faces $21.1M loss on BTC long position

Garrett Jin, founder of the fraudulent cryptocurrency exchange BitForex, is currently facing an unrealized loss of $21.12 million on a 5x leveraged long position of 1,268.33 BTC, according to data from ai_9684xtpa. The position's average entry price is $76,117, with a liquidation price of $16,962. The account noted that due to the very low liquidation price, there appears to be virtually no risk of liquidation.