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      Garrett Jin Expands Short Position on ZEC Amid Rising Prices

      Garrett Jin, recognized as the largest short seller of Zcash (ZEC), has increased his short position by 5,000 ZEC, which is valued at approximately $6.26 million. This move comes as ZEC experienced a notable price increase of 12%.

      Currently, Jin holds a total of 37,760 ZEC in short positions, amounting to around $46.74 million. His average short price stands at $665.8 per ZEC, leading to an unrealized loss of about $21.6 million as the cryptocurrency's market value rises.

      The increase in Jin's short position reflects a strategic bet against ZEC, despite the current market conditions that have seen the cryptocurrency gain in value.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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