ChainCatcher reported, citing on-chain data monitoring, that Garrett Jin, who is referred to by the market as the agent of the “1011 insider whale,” recently placed six ZEC limit buy orders at the price level of $409.12. A limit buy order is an order submitted at a preset purchase price, and it is executed only when market conditions meet the order’s specified terms.
According to public data, the related account currently holds a 5x leveraged long position of approximately 1,268.33487 BTC. The same account also holds a 2x leveraged long position of approximately 50,013.17 ZEC. Both positions are on the long side, while the two assets are held with different leverage levels.
Based on current market prices, the account’s overall positions are temporarily showing an unrealized loss of about $15.4 million, with a return on investment (ROI) of around -57%. The figures reflect the position, order, and profit-and-loss status available from on-chain monitoring and public data at the time of disclosure.