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ZEC halved in 24 hours, BTC OG insider whale agent's short position floating profit reaches $16.48 million.
ZEC halved in 24 hours, BTC OG insider whale agent's short position floating profit reaches $16.48 million.
On June 5th, on-chain analyst Ai Yi's monitoring showed that the "BTC OG insider whale" agent Garrett Jin's address holding ZEC short positions has a floating profit of $16.48 million, with an opening average price of $626.47, currently ranking first on Hyperliquid's ZEC profit list.
Market data indicates that ZEC dropped below $300, trading at $263.19, with a 24-hour decline of 54.84%.
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and positions continue to expand, and whether project teams or regulators provide new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be considered: previously, the unlimited issuance bug of ZEC was discovered by Anthropic Opus 4.8, and Zcash Open Development Lab (ZODL) coordinated an emergency fix, which was completed on June 2nd.
$btc #hype #On-chain data #ai #Regulation