BIG LOSS RUNNING in $ZEC Short position, currently $33.6M. But $BTC Is Saving the Day a little.
Garrett Jin is still holding that massive ZEC short, and the numbers are getting pretty wild. The position is now showing a $33.66M unrealized loss, with an average entry of $671.0472 and liquidation sitting at $4,785.69.
He has earned about $665K in funding fees from the #zec short so far, but that’s tiny compared with the floating loss right now.
On the other side, his 1,333 #BTC long worth ~$108.57M is up around $4.25M. So while ZEC is hurting the book, that BTC long is at least giving him some breathing room... for now.
Garrett Jin is still holding that massive ZEC short, and the numbers are getting pretty wild. The position is now showing a $33.66M unrealized loss, with an average entry of $671.0472 and liquidation sitting at $4,785.69.
He has earned about $665K in funding fees from the #zec short so far, but that’s tiny compared with the floating loss right now.
On the other side, his 1,333 #BTC long worth ~$108.57M is up around $4.25M. So while ZEC is hurting the book, that BTC long is at least giving him some breathing room... for now.
