Bitcoin drops below $60,000; Garrett’s 5x-leveraged long position incurs unrealized losses exceeding $21.12 million

TechFlow News: On June 25, according to on-chain analyst Ai Aunt (@ai_9684xtpa), after Bitcoin fell below $60,000 again, Garrett’s 5x-leveraged long Bitcoin position incurred a floating loss of approximately $21.12 million. The position size is 1,268.33 BTC, opened at $76,117, with the current mark price around $59,466—a cumulative decline of 21.8%. However, its liquidation price is approximately $16,962, indicating low current liquidation risk.