Garrett Jin (@GarrettBullish) is sitting on one of the fattest $ZEC short positions in the game:
202,078 $ZEC (~$312.8M)
Withdrawn from Binance 9 months ago at ~$437
Unrealized spot profit: ~$224.5M
But check the wallet linked to this position:
$108.4M $BTC LONG (3x leverage, entry $78,056)
$58.3M $ZEC SHORT (3x leverage, entry $671)
Total leveraged exposure: ~$166.7M
This is high-conviction macro positioning. $BTC long + $ZEC short = betting on rotation into majors while privacy coins bleed.
NFA. DYOR.
202,078 $ZEC (~$312.8M)
Withdrawn from Binance 9 months ago at ~$437
Unrealized spot profit: ~$224.5M
But check the wallet linked to this position:
$108.4M $BTC LONG (3x leverage, entry $78,056)
$58.3M $ZEC SHORT (3x leverage, entry $671)
Total leveraged exposure: ~$166.7M
This is high-conviction macro positioning. $BTC long + $ZEC short = betting on rotation into majors while privacy coins bleed.
NFA. DYOR.
