Onchain reports describe divergent ZEC positioning amid a sharp rally: a wallet entity linked by analysts to Garrett Jin expanded a short to 39,760 ZEC, worth about $47 million, while Onchain Lens reported that a trader held a 5,000-ZEC long worth about $6.31 million. The attributed short carried an unrealized loss of roughly $24 million near $1,179.65 after a 7,000-ZEC addition near $1,195 lifted its average entry to approximately $576.30. Separately, the long trader had $1.96 million in unrealized gains, $15.79 million in cumulative profit and $6.16 million in 30-day profit after partially closing the position for a realized $3.69 million gain. The reports do not establish that the short and long belong to the same wallet or trader.