A Chinese cryptocurrency investor named Garrett Jin has closed his entire long position in Bitcoin (BTC), which he had held for approximately 3.5 months.
The position, valued at around $107 million, was closed with a profit of $1.02 million.
Jin is now left with an unprofitable short position in Zcash (ZEC) worth about $47 million, with approximately $24 million in unrealized losses.
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