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Crypto matina
$ZEC | A MASSIVE SHORT JUST DISAPPEARED
One of the biggest ZEC bearish positions is now off the board.
Garrett Jin closed roughly 38,000 $ZEC worth about $58.5M, reportedly realizing a $35.4M loss after holding the short for nearly three months.
The interesting part?
➤ The position was closed through market orders
➤ ZEC moved from around $1,490 toward $1,530 during the exit
➤ Hyperliquid funding briefly jumped above 170% annualized
➤ His tracked wallet still holds a large spot ZEC
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