The agent of "BTC OG Insider Whale" closed a ZEC short position, realizing a profit of $11.24 million. The agent of "BTC OG Insider Whale," Garrett Jin, closed a ZEC short position 10 minutes ago, securing a final profit of $11.24 million, according to HyperInsight. The address currently maintains a 5x leveraged long position of 1,268.33 BTC, with an unrealized loss of $18.17 million. [Original link] Three key factors to monitor next: whether capital continues to flow in, whether on-chain trading volume and open interest continue to expand, and whether the project team or regulators release any new confirmation signals. A single news alert only indicates heightened sentiment; it is subsequent data that determines whether this momentum can solidify into a lasting trend. Risks must also be acknowledged: if trading activity and capital inflows fail to sustain, the market may quickly absorb this as a one-time pulse event. $btc #OnChainData #Regulation #Blockchain #CryptoMarket