Odaily reported, citing monitoring by Yu Jin, that the “1011 insider whale,” described as the Garrett Jin whale entity, has closed several smaller long positions involving ZEC and UNI. The closed ZEC position consisted of 50,000 ZEC, with a position size of about $22.38 million, and was exited with a profit of approximately $420,000.
The whale also closed a UNI long position totaling 580,000 UNI. That position was valued at about $1.76 million and was closed with a loss of approximately $310,000. These two trades represent the smaller positions that have now been removed from the whale’s disclosed long exposure.
BTC Long Remains the Main Open Position
After closing the ZEC and UNI longs, the whale still holds a 1,270 BTC long position. According to the monitoring data, this BTC position was opened in May at a price of $76,117. The position is currently valued at about $80 million.
Yu Jin’s monitoring shows that the unrealized loss on the BTC long has widened to around $16.65 million. Compared with the now-closed ZEC and UNI positions, the BTC exposure remains substantially larger and is the main open position identified in the latest disclosure.