Garrett Jin closes 1,333 BTC long for reported $8.38 million profit

  • Garrett Jin closed a 1,333 BTC long after three days for a reported $8.38 million profit.
  • The BTC position was opened at $78,057 and exited at $84,455, while his 38,000 ZEC short lost about $36.13 million.
  • Jin had no open Hyperliquid positions in the newer report, as ZEC derivatives interest and Grayscale's ZEC Trust assets remained elevated.

BitForex founder Garrett Jin closed a 1,333 BTC long position after three days, selling at $84,455 after entering at $78,057 and booking a reported $8.38 million profit, EmberCN reported. The newer report said Jin had no open positions on Hyperliquid, although his on-chain address still held spot BTC, ETH and ZEC. Jin had also closed a 38,000 ZEC short after three months for a reported $36.13 million loss as ZEC rose from about $656 to $1,530. ZEC open interest remained elevated, while Grayscale's ZEC Trust accumulated more than $270 million and reported assets above $900 million.

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