Garrett Jin has increased his short position on ZEC, with the current position valued at approximately $15.08 million.

BlockBeats News, July 6, according to EmberCN's monitoring, Garrett Jin, who established a ZEC short position 9 days ago, increased his position again 1 hour ago. He currently holds a ZEC short position worth approximately $15.08 million, with an average entry price of $444 and a current unrealized loss of approximately $530,000.

This whale has realized profits in two previous ZEC trades: in late May, he established a ZEC short position worth approximately $36 million near $626. Subsequently, due to a ZEC vulnerability incident causing a significant price drop, he closed the position in early June with a profit of approximately $11.24 million. He then established a ZEC long position worth approximately $22 million near $439 and closed it around $447, resulting in a profit of about $420,000.

Furthermore, with Bitcoin rebounding by over $5,000 in recent days, his long-held BTC long position's unrealized loss has narrowed from around $23 million to about $16 million.