Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Garrett Jin Withdraws $85M in ETH from Binance Amid Growing ZEC Short

Guavy AI Editorial Team
Instruments
HYPE ETH BNB ZEC
Share

Garrett Jin, a notable figure in the crypto market, has made a significant move by withdrawing $85 million worth of ETH from Binance and sending it to Hyperliquid. This withdrawal raises questions about whether it is related to his enlarged ZEC short position, which now shows $26 million in unrealized losses.

Jin's ZEC short position has seen him add 37,760 ZEC ($51.5M) with a liquidation price at $2,631.53.

The Ethereum (ETH) price is currently testing the EMA50 resistance at $2463.76 within the Bollinger Bands, while the MACD registers a bullish golden cross and the RSI sits neutral at 51.

More on Crypto

Crypto 1m ago

US House Committee Advances Crypto Tax Bill in Bipartisan Vote

Crypto 1m ago

CFTC Clears Passive Crypto Trading Software Providers From Broker Registration

Crypto 2m ago

SEC Paves Way for Blockchain-Traded US Stocks with Five-Year Exemption

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy