Garret Jin fully closed out HYPE to book $13.54 million, then turned around and saw that BTC’s high-leverage long positions were trapped—Web3 veterans’ positions always dance on a tightrope; can that little bit of floating profit from ZEC really plug the hole?

HYPE1.21%
BTC2.96%
ZEC7.13%
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CoinNetwork
CryptoWorld News reports that OnchainLens has said Garret Jin has sold all 184,102 $HYPE , receiving $13.54 million USDC, at a price of $73.58, for a profit of about $2.83 million. Currently, Garret still holds a 5x leveraged $BTC long position, facing a loss of $13.2 million, and also holds a 2x leveraged $ZEC long position, with a profit of about $3.29 million.
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