Garrett Jin's Entity Rides BTC Bull Market, Suffers Loss on ZEC Short

A recent report has shed light on the substantial holdings of Garrett Jin, an entity commonly referred to as '巨鲸' (whale) in crypto circles. According to data, this entity is said to be holding approximately $147 million worth of Bitcoin (BTC) long positions, resulting in a significant profit of $2.78 million.

However, the report also notes that Garrett Jin's Zcash (ZEC) short position has incurred a substantial loss of $10.74 million.

This revelation provides valuable insights into the trading strategies and risk management practices employed by large-scale crypto investors like Garrett Jin. It remains to be seen how these entities will adjust their portfolios in response to market fluctuations.