[Garrett Jin 巨鲸 entity] transferred 35,000 ETH ($85.11

Post

[Garrett Jin 巨鲸 entity] transferred 35,000 ETH ($85.11 million) from Binance to their Hyperliquid account half an hour ago.

So far, these ETH haven’t taken any further action, but what are they trying to do? Are they planning to sell these ETH and then keep adding to the short on ZEC?

Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

余烬Ember

[Garrett Jin 巨鲸实体] is also fed up—ZEC gets harder the emptier it goes. ZEC has already gone from the $400 level when they started shorting it to nearly $1,400 now.

They only added to their position last night at a price of $1,252.5, buying 5,000 ZEC ($6.26 million) short, and now they have 37,760 ZEC ($50.99 million) short, with an unrealized loss of $25.85 million already.

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

ETH+2.09%

ZEC+9.91%