Odaily reported, citing monitoring by Yu Jin, that the “1011 Insider Whale,” identified as a Garrett Jin whale entity, has closed part of its smaller long-position exposure. The closed positions involved ZEC and UNI. In the ZEC trade, the whale closed a long position of 50,000 ZEC, valued at approximately $22.38 million, realizing a profit of about $420,000.
ZEC Position Closed in Profit, UNI Position Exited at a Loss
The whale also closed a long position of 580,000 UNI, with a position value of around $1.76 million. That UNI position was closed at an approximate loss of $310,000. After exiting these two smaller positions, the whale’s main remaining exposure is still concentrated in its BTC long position.
Monitoring data shows that the whale continues to hold a long position of 1,270 BTC. The position was opened in May this year at a price of $76,117 per BTC, and its current position value is approximately $80 million. The unrealized loss on this BTC long has expanded to about $16.65 million.