📰 The biggest ZEC short on-chain, Garrett Jin, is already down more than $24 million, but he hasn’t reduced his position—he’s instead added another 7,000 ZEC short contracts, corresponding to a size of about $8.4 million.
🔥 According to Lookonchain monitoring, after the add-on, his total ZEC short position reached 39,760 ZEC, with a position value of about $47.22 million. The liquidation price is $2,292. Losses are widening, yet he still dares to keep pressing the trade—this is definitely quite bold.
To be honest, this is no longer a small-position trial. After being down more than $24 million, he continues to add more, suggesting he still sticks to his original directional judgment. But the larger the position is, the more the subsequent tolerance space will change as well.
👀 The most interesting part of this trade is that “floating losses” and “adding to the position” appear at the same time. If he’s right, the new shorts may help him recover his losses faster. If the direction keeps going wrong, the pressure will be amplified further.
🤔 Do you see this add-on as sticking to his judgment, or a dangerous signal of adding even when losses keep growing?
#ZEC #链上数据 #加密市场 #Contract Trading
🔥 According to Lookonchain monitoring, after the add-on, his total ZEC short position reached 39,760 ZEC, with a position value of about $47.22 million. The liquidation price is $2,292. Losses are widening, yet he still dares to keep pressing the trade—this is definitely quite bold.
To be honest, this is no longer a small-position trial. After being down more than $24 million, he continues to add more, suggesting he still sticks to his original directional judgment. But the larger the position is, the more the subsequent tolerance space will change as well.
👀 The most interesting part of this trade is that “floating losses” and “adding to the position” appear at the same time. If he’s right, the new shorts may help him recover his losses faster. If the direction keeps going wrong, the pressure will be amplified further.
🤔 Do you see this add-on as sticking to his judgment, or a dangerous signal of adding even when losses keep growing?
#ZEC #链上数据 #加密市场 #Contract Trading
