BTC whale proxy Garrett Jin sits on a $17.165 million unrealized loss on a ZEC short

BTC whale proxy Garrett Jin sits on a $17.165 million unrealized loss on a ZEC short

N
News Editor
2026-09-04 08:30:30
TradingBeats said on Sept. 4 that Garrett Jin, described as the proxy for the "BTC OG insider whale," is currently short 32,759.57 ZEC with the position valued at about $31.71 million and an average entry price of $444. With ZEC quoted at roughly $967.97, up about 16.6% over the past 24 hours and about 118% above the entry level, the short is showing an unrealized loss of about $17.165 million, with a return rate of around -236%. The same account also holds a BTC long of 1,331.88 BTC at an average entry of $77,089.9, with the position valued at about $108 million. That trade is currently sitting on an unrealized profit of about $4.996 million. Based on TradingBeats data, the loss on the ZEC short is about 3.4 times the profit on the BTC long, leaving the two positions with a combined unrealized loss of about $12.169 million.

TradingBeats said on Sept. 4 that Garrett Jin, identified as the proxy for the "BTC OG insider whale," is currently short 32,759.57 ZEC. The position is valued at about $31.71 million, with an average entry price of $444.

ZEC was quoted at about $967.97, up roughly 16.6% over the past 24 hours and about 118% above the whale's entry price. At that level, the ZEC short was showing an unrealized loss of about $17.165 million, with a return rate of around -236%.

The same account also holds a long position of 1,331.88 BTC at an average entry price of $77,089.9. That position is valued at about $108 million and is currently sitting on an unrealized profit of about $4.996 million.

According to TradingBeats, the unrealized loss on the ZEC short is about 3.4 times the unrealized profit on the BTC long. Combined, the two positions are showing an unrealized loss of about $12.169 million.

TradingBeats also said its on-chain perpetuals and address analytics tool is now live, with support for real-time Hyperliquid data and address tracing tied to whale activity.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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