ChainCatcher report, according to Onchain Lens, early Bitcoin investor Garrett Jin holds approximately 32,760 ZEC short positions via the address “0x92ea…050e9,” with a notional value of about $32.9 million. At the current ZEC price of $1,004, this represents an unrealized loss of approximately $18.36 million compared to an entry price of $444, with a liquidation price of approximately $2,609.80. The same address also holds approximately 1,330 BTC long positions, generating an unrealized profit of about $5.15 million. Combined, the net unrealized P&L across both positions is a loss of approximately $13.21 million.
Bitcoin early investor Garrett Jin incurs over $18 million loss on ZEC short position
ChaincatcherShare
Summary
Bitcoin early investor Garrett Jin’s ZEC short position via address '0x92ea…050e9' has incurred an unrealized loss of $18.36 million. The position involves 32,760 ZEC, with an entry price of $444 and a liquidation price of $2,609.80. Meanwhile, the same address holds 1,330 BTC long positions, generating a $5.15 million profit. Combined position sizing across both assets results in a net unrealized loss of $13.21 million.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.