Garrett Jin has added to his ZEC short position; his current position is worth approximately $15.08 million.

Jinse Finance reported that on July 6, according to on-chain analyst Yu Jin’s monitoring, Garrett Jin, who established a ZEC short position 9 days ago, added to the position again 1 hour ago. He currently holds ZEC short positions worth approximately $15.08 million, with an average opening price of $444, and a current unrealized loss of about $530,000. This whale previously made profits in his two ZEC trades: in late May, he established a ZEC short position worth about $36 million near $626, and then closed the position in early June for a profit of approximately $11.24 million after the ZEC vulnerability incident caused the price to drop sharply; he then established a ZEC long position worth about $22 million near $439 and closed it near $447, earning a profit of about $420,000. In addition, as Bitcoin has rebounded by over $5,000 in the past few days, the unrealized loss on his long-held BTC long position has narrowed from about $23 million to about $16 million.
ZEC-3.98%
BTC-1.55%
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