The largest short position holder of ZEC has an unrealized loss of 25.7 million USD

According to Ember Monitoring, as the price of ZEC rose from $400 to over $1200 within three months, the largest short position holder, Garrett Jin, faced an unrealized loss of $25.7 million. He opened a short position of 32,760 ZEC at the beginning of July, with a short price of $444.

This whale also holds $107 million in long positions of BTC, with an unrealized profit of $4.42 million, but has paid a funding fee of $2.05 million.