---
title: "Garrett Jin Whale Becomes Largest Native Zcash Short Holder as ZEC Rallies Above $1,200"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298145576.md"
description: "On-chain analyst Yu Jin said the Garrett Jin whale entity (0x92ea...050e9) is the largest holder of native Zcash short positions. According to Odaily, the entity opened a short position on 32,760 ZEC in early July at $444, and the position is now down $25.7 million after ZEC rose from $400 to above $1,200 over the past three months. The entity also holds a Bitcoin long position worth $107 million, which is up $4.42 million, but it has paid $2.05 million in funding fees."
datetime: "2026-09-07T00:13:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298145576.md)
  - [en](https://longbridge.com/en/news/298145576.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298145576.md)
generator: "portal-rs"
---

# Garrett Jin Whale Becomes Largest Native Zcash Short Holder as ZEC Rallies Above $1,200

On-chain analyst Yu Jin said the Garrett Jin whale entity (0x92ea...050e9) is the largest holder of native Zcash short positions. According to Odaily, the entity opened a short position on 32,760 ZEC in early July at $444, and the position is now down $25.7 million after ZEC rose from $400 to above $1,200 over the past three months. The entity also holds a Bitcoin long position worth $107 million, which is up $4.42 million, but it has paid $2.05 million in funding fees.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**