#ZEC38KShortClosed
About ZEC38KShortClosed
A Garrett Jin-linked address closed its entire ~38,000 ZEC short for a loss of over $35M. During market-order closing over ~1.5 hours, ZEC rose ~2.7% from about $1,490 to $1,530. The address had also reportedly held ~202,000 ZEC spot and did not sell it after closing the short, suggesting the position may have been partly hedged. The NU7 upgrade is scheduled for testnet on Oct 6, targeting mainnet on Nov 5. High funding rates and large leveraged positions may still amplify short-term volatility.
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ZEC38KShortClosed المنشورات الشائعة
🚨 EVEN THE WHALE FINALLY SURRENDERED. $ZEC SHORT CLOSED AT A MASSIVE LOSS.
A huge ZEC short just got wiped out. 🐋💥
On-chain data shows Garrett Jin closed all 38,000 ZEC short positions within about 1.5 hours on September 21, reportedly taking a loss of roughly $35.4M.
His average short entry was around $656, while the position was closed near $1,459.
And look at what happened next… 👀
$ZEC briefly pushed toward $1,530 as short covering added even more fuel to the rally
A mega whale holding over $38,000 in $ZEC short contracts finally capitulated, absorbing a devastating loss of over $35 million. This massive unwind sent a ripple effect across derivative markets, forcing bears to rapidly de-risk and pull their short positions.
As liquidations cleared, capital rotated back into $BTC ,$ETH , SOL,andXRP for a relief surge. However, with massive overhead resistance sitting just above, caution is key.
#CryptoCapReclaims2.8T #ZEC38KShortClosed #TrumpGulfIranTalks
🚨 EVEN THE WHALE FINALLY SURRENDERED. $ZEC SHORT CLOSED AT A MASSIVE LOSS.
A huge ZEC short just got wiped out. 🐋💥
On-chain data shows Garrett Jin closed all 38,000 ZEC short positions within about 1.5 hours on September 21, reportedly taking a loss of roughly $35.4M.
His average short entry was around $656, while the position was closed near $1,459.
And look at what happened next… 👀
$ZEC briefly pushed toward $1,530 as short covering added even more fuel to the rally.
#DailyOrbit
$ZEC — PRIVACY NARRATIVE STRONG
$ZEC ~$1,514 (+10.69%). Spiked to $1,503 intraday.
News: NU7 vote passed — 99.9% for 25-sec blocks. Whale pulled $18M off exchanges.
Support $1,400 / resistance $1,520.
ZEC breaks $1,520 or cools#CryptoCapReclaims2.8T #ZEC38KShortClosed #UNI21%RallyOnSECRule
ZEC Is Testing Demand for Privacy
$ZEC has a thesis that goes beyond market momentum: whether users still value private transactions when speculation cools.
The stronger signal is actual usage, liquidity and sustained demand. If activity grows alongside price, the move has more substance; if volume disappears after the initial push, momentum can unwind quickly.
Privacy is the thesis. Adoption is the proof.
#CryptoCapReclaims2.8T #ZEC38KShortClosed #TrumpGulfIranTalks
ZEC moved fast: continuation, or just a burst of momentum?
ZEC moved +6.00% over the last 24 hours, while BTC moved +5.60%.
The key question is not how far price has moved, but whether ZEC can hold support (1536) if BTC turns volatile.
The LONG thesis remains valid above support (1536). Resistance (1564) needs to break for continuation.
ZEC +6.00% | BTC +5.60%
Can ZEC hold support (1536) and break resistance (1564)?
$ZEC
#ZEC $BTC
⚠️ NFA - manage risk and DYOR.
🚨 EVEN THE WHALE FINALLY SURRENDERED. $ZEC SHORT CLOSED AT A MASSIVE LOSS.
A huge ZEC short just got wiped out. 🐋💥
On-chain data shows Garrett Jin closed all 38,000 ZEC short positions within about 1.5 hours on September 21, reportedly taking a loss of roughly $35.4M.
His average short entry was around $656, while the position was closed near $1,459.
And look at what happened next… 👀
$ZEC briefly pushed toward $1,530 as short covering added even more fuel to the rally.
#DailyOrbit
Brothers, this trade really hurts to watch.
News explosion: Whale cutting losses and exiting
$BTC OG insider whale Garrett Jin held a $ZEC short position for a full three months and closed it all today. 38,000 coins, losing $36.13 million. But don’t think he’s giving up—he still holds over 200,000 ZEC spot coins worth more than $300 million, and hasn’t let go of his $BTC long position either.
#CryptoCapReclaims2.8T #ZEC38KShortClosed #TrumpGulfIranTalks
#ZEC38KShortClosed
Brother Garrett Jin, you really disappointed me. 😂
38,000 $ZEC short positions, average entry at $656, held for three months — and finally closed around $1,459, resulting in a reported loss of approximately $35.44M.
Then, in just 1.5 hours, $ZEC moved from $1,490 → $1,530, while the annualized funding rate surged above 170%. 📈
I thought you were controlling market at the fifth level…
Turns out, you were holding position at the first level. 😂
#CryptoTaxAndBTCReserve
$ZEC This is quite interesting. A whale's short position was forced to close with a loss of $35 million, and the coin price immediately surged 2.7%. The comment section is full of people shouting "The whale admitted defeat and is about to take off" — but don't get ahead of yourself.
Here's what happened: This guy (Garrett Jin) held 38,000 ZEC shorts for almost three months. On September 21, he couldn't hold on anymore and closed all his shorts with market orders within 1.5 hours,
