Hyperliquid whale Garrett Jin closed his entire 38,000 ZEC short position, realizing a $35.44 million loss. Jin still holds 202,078 ZEC worth approximately $309.25 million on-chain with an estimated $221 million in unrealized profit, as Zcash has surged nearly 225% over the past month.
Hyperliquid whale Garrett Jin closed his entire 38,000 ZEC short position, realizing a $35.44 million loss. Jin still holds 202,078 ZEC worth approximately $309.25 million on-chain with estimated $221 million in unrealized profit, as ZEC has surged nearly 225% over the past month.
Crypto trader Garrett Jin holds a massive Zcash position worth $313 million after buying 202,000 ZEC in December 2025, with his largest short position showing a $33.66 million unrealized loss as ZEC surged 225% in a month. The post discusses his trading history, including previous losses on BitForex and ETH longs, alongside broader crypto market developments including Bitcoin ETF inflows and a zkSNARKs NFT project fraud accusation.
Hyperliquid whale Garret Jin faces a $33.66 million unrealized loss on his ZEC short position, with a liquidation price of $4,792. Jin holds over 210,000 ZEC worth $300 million, using the short as a hedge. Zcash has surged nearly 225% over the past month.
Hyperliquid trader Garret Jin faces a $33.66 million unrealized loss on his ZEC short position as Zcash surges nearly 225% in one month. Jin holds over 210,000 ZEC tokens worth $300 million, with the short functioning as a hedge against his massive long position.
Hyperliquid whale Garret Jin faces a $33.66 million unrealized loss on his ZEC short position, which serves as a hedge against his 210,000 ZEC holdings worth over $300 million. Zcash has surged nearly 225% in the past month, approaching Jin's liquidation price of $4,792.