Whale Garrett Jin Adds 7,000 ZEC Short Positions, Total Floating Loss Reaches $24 Million

On September 7, according to monitoring by Ember, whale Garrett Jin has not stopped shorting ZEC. He just added 7,000 ZEC short positions at a price of approximately $1,195, valued at about $8.4 million, further raising the overall average shorting price. After this addition, his ZEC short position has increased to 39,760 coins, with a notional value of approximately $47 million; due to continuing to add positions at high levels, his shorting price has risen from the previous $444 to approximately $576.3. The overall floating loss stands at $24 million.