Garrett Jin, a whale, has seen his 5x leveraged long position in BTC suffer a paper loss exceeding $17 million.

CoinFeed reported on June 4 that, according to Onchain Lens monitoring, as BTC fell below $63,000, Garrett Jin, an agent of "1011 Insider Whale," is currently experiencing a floating loss of over $17 million on his 5x BTC long position.