Data: Garrett Jin sold 35,000 ETH worth 87.5 million USD, and the liquidation price for ZEC short positions rose to 4,738 USD

According to on-chain analyst Yu Jin's monitoring, the whale entity Garrett Jin (0x92ea…050e) withdrew 35,000 ETH from Binance last night and sold all of it 10 minutes ago at a price of $2,500, totaling $87.5 million.

After selling ETH, the entity increased its margin for the ZEC short position, raising the liquidation price from $2,631 to $4,738; this short position currently has an unrealized loss of $30 million.