Odaily Planet Daily reports, according to Hyperbot data, Garrett Jin, the agent of the "1011 Insider Whale," has just reduced his ZEC short position, having closed approximately 7,000 ZEC in short positions so far. His 3x leveraged ZEC position has now decreased to 32,759.57 ZEC, with a position value of approximately $38.26 million and a current unrealized loss of $19.32 million.
1011 Insider Whale Agent Reduces ZEC Short Position, Unrealized Loss Exceeds $19M
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Summary
Garrett Jin, the agent of the '1011 Insider Whale,' recently adjusted his ZEC position by reducing approximately 7,000 ZEC in short positions. His 3x leveraged ZEC position now totals 32,759.57 ZEC, valued at $38.26 million, and is currently floating at a loss of $19.32 million. The change in position size suggests a strategic shift amid market volatility.
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