ZEC's Multi-Day Surge Leaves Garrett Jin's Short Position with Unrealized Loss of ~$30 Million

PANews, September 18 - According to Ember, Zcash (ZEC) has recently seen consecutive daily gains exceeding $100, with the price peaking at approximately $1,500. The major short position holder, the "Garrett Jin whale entity," currently holds short positions on approximately 37,760 ZEC, with unrealized losses of about $30 million. The related address had previously withdrawn 35,000 ETH (approximately $85.11 million) from Binance, and these funds have not yet been moved.