Garrett Jin, described by BlockBeats as an agent for a “BTC OG insider whale,” had filled $4.93 million of the ZEC short, with $16.80 million still open.
A $21.73 million short position in ZEC was placed at $418.9, with $4.93 million already filled and $16.80 million still open. BlockBeats, citing Ember monitoring, said the trade was made by Garrett Jin, described as an agent for a “BTC OG insider whale.” If the full order is executed, he would become the largest ZEC holder on Hyperliquid, a crypto derivatives exchange. The report also said his 1,270 BTC long, opened at $76,117 and valued at $96.54 million, was carrying a floating loss of $20.15 million.