Bitcoin

Zcash’s $1,200 Push Sustains, Sending Garrett Jin’s Short $25.7M Underwater

ZEC has pushed past $1,200, and its largest short seller on Hyperliquid, Garrett Jin, is sitting on a $25.7 million paper loss on a position opened at $444. The Position, Line by Line Onchain analyst EmberCN posted the tally as ZEC printed above $1,200, noting: 32,760 ZEC short, average entry $444, opened in early July…

ZEC has pushed past $1,200, and its largest short seller on Hyperliquid, Garrett Jin, is sitting on a $25.7 million paper loss on a position opened at $444. The Position, Line by Line Onchain analyst EmberCN posted the tally as ZEC printed above $1,200, noting: 32,760 ZEC short, average entry $444, opened in early July […]

Source: https://news.bitcoin.com/crypto-news/zcashs-1200-push-sustains-sending-garrett-jins-short-25-7m-underwater/