Garrett Jin Shifts to Long ZEC, $11.9 Million Position Currently Facing Unrealized Loss of Over $810,000

BlockBeats News, June 10th, according to LookIntoChain monitoring, the "BTC OG Insider Whale" Garrett Jin (@GarrettBullish) has resumed his focus on Zcash (ZEC) transactions and has switched from his previous short strategy to a long strategy. On-chain data shows that Garrett Jin has currently established a 2x leveraged long position of 27,723 ZEC, with the position worth approximately $11.9 million. Due to the impact of the ZEC price pullback, the position is currently experiencing a floating loss of approximately $812,000.