Huo Xing Finance reports that on May 23, according to OnchainLens monitoring, Garrett Jin (@GarrettBullish), agent of the "BTC OG insider whale," opened a 57,460 ZEC short position (3x leverage), worth approximately $34.73 million, while increasing his HYPE holdings to 68,560 tokens, valued at around $38 million. He also continues to hold a 504.40 BTC long position (5x leverage), currently with an unrealized loss of approximately $922,800.
Garrett Jin opens a 3x short position on 57,460 ZEC; BTC long position now at a $922,800 loss
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Summary
On May 23, Garrett Jin adjusted his position trading strategy by opening a 3x short on 57,460 ZEC, valued at $34.73 million. He also increased his HYPE position size to 68,560, worth $38 million. Meanwhile, his 5x BTC long of 504.40 BTC now reflects a $922,800 loss. OnchainLens tracked these moves, highlighting active position management amid market fluctuations.
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