Huo Xing Finance reports that on September 6, according to TradingBeats monitoring, as ZEC surged past $1,200, 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 $25 million, with a liquidation price of $2,571.47.
BTC OG Insider Whale Suffers Over $25 Million Loss on ZEC Short Position
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Summary
BTC price remained under pressure as significant whale activity unfolded in the ZEC market. On September 6, 2026, ZEC surged above $1,200, triggering a floating loss of over $25 million on a short position held by Garrett Jin on behalf of the "BTC OG insider whale." The position consists of 32,760 ZEC, valued at approximately $39.5 million, with a liquidation price of $2,571.47. Whale activity in the altcoin space is attracting increased scrutiny as BTC price volatility persists.
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