AmberCN reported that Garrett Jin, the founder of the fraudulent cryptocurrency exchange BitForex, holds a $15.08 million Zcash (ZEC) short position on HyperLiquid (HYPE) and is currently at a loss of $530,000. Garrett Jin's estimated address (starting with 0x92ea) opened its first position 9 days ago, with an average entry price of $444. AmberCN added, "Garrett Jin's estimated address has a good win rate in ZEC trading. Meanwhile, the losses on his BTC long position have also decreased from $23 million to $16 million due to the recent rebound." According to CoinMarketCap, ZEC is trading at $461.41, up 24.23% over the past 7 days.
