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.