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

News.Bitcoin.com
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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 […]

Key Takeaways

  1. 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.
  2. 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 […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.