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      Garrett Jin Realizes $1.02 Million Profit on BTC Position Amid ZEC Losses

      Garrett Jin, a prominent figure in cryptocurrency trading, has closed a long position in Bitcoin (BTC) valued at approximately $107 million, realizing a profit of about $1.02 million. This position, which amounted to 1,331 BTC, was held for around three and a half months before being liquidated.

      Currently, Jin's trading account reflects a significant short position in Zcash (ZEC), consisting of approximately 39,760 ZEC, with a nominal value of about $47 million. This position is experiencing an unrealized loss of around $24 million. Historical data indicates that Jin has been facing ongoing losses with his ZEC short position, having previously increased his stake despite the downturn.

      Analyst Yu Jin noted that Jin's trading behavior mirrors that of many retail investors, who often sell profitable positions quickly while holding onto losing ones, sometimes doubling down on their losses.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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