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Largest $ZEC Short Position Grows Amid Market Uncertainty
Garrett Jin, the largest on-chain short seller of ZEC, has increased his position significantly, now totaling $51.5 million. This move comes as he faces a liquidation price of $2,631.53. As reported by the influencer @lookonchain, this notable increase in short positions reflects a growing bearish...
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Cryptocurrency News | Cryptocurrency Prices | Market CapLargest $ZEC Short Position Grows Amid Market Uncertainty
Garrett Jin's $ZEC short position now totals $51.5M, igniting concerns. Traders should watch for potential market shifts.
According to ChainCatcher, on-chain analyst Yu Jin monitored that as ZEC rose 12%, Garrett Jin, the largest short seller of ZEC, added 5,000 ZEC short positions at an average price of $1,252.5, worth approximately $6.26 million. Currently, this entity holds a total of 37,760 ZEC short positions (worth approximately $46.74 million), with an average opening price of $665.8, and is currently experiencing a floating loss of approximately $21.6 milli…
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