Svmuu News: According to on-chain analyst Yu Jin, Garrett Jin (0x92e... 50e9) opened a short position in ZEC 9 days ago and added to that position 1 hour ago. He currently holds short positions in ZEC worth $15.08 million, with an average entry price of $444 and an unrealized loss of $530,000.
Garrett Jin’s previous two ZEC trades were both profitable: in late May, he opened a short position worth $36 million at $626 per ZEC and closed the position for a profit of $11.24 million following the ZEC vulnerability incident in early June; He subsequently opened a long position in ZEC worth $22 million at $439 and closed the position at $447, realizing a profit of $420,000. Additionally, as BTC has risen by more than $5,000 in recent days, the unrealized loss on his long BTC position has narrowed from $23 million to $16 million.