Garrett Jin posts ZEC withdrawal records, showing he currently holds around 202,000 ZEC worth over $300 million.
60 minutes ago
"BTC OG Insider Whale" agent Garrett Jin has consecutively posted two screenshots of ZEC (Zcash) spot withdrawals from Binance, along with corresponding Zcash blockchain explorer links. Records show that on December 20, 2025, he withdrew 134,000 ZEC and 68,076.23 ZEC from his Binance spot account successively, totaling approximately 202,100 ZEC. At ZEC’s current price of around $1,560, this address’s holdings are valued at roughly $315 million. Garrett recently drew attention for holding a large-scale ZEC short position on Hyperliquid, which has incurred tens of millions of dollars in unrealized losses. This post is intended to reveal that his contract short position is more likely a hedge against his massive spot holdings, rather than a pure naked short. According to TradingBeats’ monitoring, the unrealized loss on the ZEC short position held by "BTC OG Insider Whale" agent Garrett Jin has reached $33.83 million, with the short position size at 37,999.54 ZEC, valued at $59.33 million, funding rate income of $660,000, and liquidation price at $4,790.
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