TechFlow reported on June 14 that, according to on-chain data monitoring, Garrett Jin, described by the market as the agent of the “1011 Insider Whale,” recently placed six ZEC limit buy orders at the $409.12 price level. The disclosed activity was presented together with the account’s existing leveraged positions, making it the central detail in this whale movement update.
Public data shows that, as of now, the 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. A limit buy order refers to an order with a preset purchase price, which executes only when the relevant trading conditions are met at the set price or a better price. In this disclosure, the stated price point is $409.12 and the asset is ZEC.
Based on current market prices, the account’s overall position is temporarily showing an unrealized loss of about $15.4 million, with a return on investment (ROI) of approximately -57%. The disclosed information covers the newly placed ZEC buy orders, the BTC and ZEC leveraged long position sizes, and the account’s current profit-and-loss status.