TechFlow reported on June 14 that, according to on-chain data monitoring, Garrett Jin, described in the market as the agent of the “1011 insider whale,” recently placed six ZEC limit buy orders at a price level of $409.12. The disclosed activity centers on ZEC, with both the order count and price level coming from the monitored on-chain information.
Six ZEC Limit Orders at $409.12
Public data shows that, as of the latest disclosure, the related account holds a leveraged long position of about 1,268.33487 BTC with 5x leverage. It also holds a leveraged long position of about 50,013.17 ZEC with 2x leverage. These figures indicate that the account currently has leveraged long exposure in both BTC and ZEC.
Based on current market prices, the account’s overall positions are temporarily showing an unrealized loss of about $15.4 million. The return on investment, or ROI, is approximately -57%. The information disclosed in the report includes the six ZEC limit buy orders at $409.12, the size and leverage of the BTC and ZEC long positions, and the current floating loss and ROI figures.