Huo Xing Finance reports that on September 4, according to TradingBeats monitoring, as ZEC surged past $1,000, the short position of 32,760 ZEC held by Garrett Jin, agent of the "BTC OG insider whale," has incurred an unrealized loss of over $18.5 million (valued at approximately $33.11 million).
BTC OG Insider Whale Suffers Over $18.5M Loss from ZEC Short Position
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Summary
Whale activity in the crypto market suffered a setback as the 'BTC OG Insider Whale' agent Garrett Jin incurred a major loss. On September 4, 2026, his short position of 32,760 ZEC—valued at approximately $33.11 million—declined by over $18.5 million as ZEC prices surged above $1,000. Whale movements in ZEC triggered significant losses for the position, and the sudden price spike erased a substantial portion of the short’s value.
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