Zcash (ZEC) rose 177.8% in one month, making it the strongest performer among the 10 largest cryptocurrencies and inflicting substantial losses on short sellers. Garrett Jin, identified in earlier monitoring as linked to the "1011 Insider Whale," holds the largest reported remaining short, covering 37,999 ZEC worth about $59.37 million and showing an unrealized loss of $33.87 million. His approximately 202,080-ZEC spot position is valued at roughly $320 million at a ZEC price of $1,580, while a 1,333 BTC long showing a $4.41 million gain partly offsets the shortfall. One other trader closed a 12,285-ZEC short for a $10.68 million loss after 26 consecutive wins and an 89% success rate across 47 trades. Buying from large holders and institutions, $98.2 million of weekly Zcash ETF inflows, and Hyperliquid open interest of 574,045 ZEC, worth about $885 million, have accompanied the rally.