Garrett Jin closes ZEC short position with $35.44 million loss

According to on-chain analysis platform Lookonchain, major ZEC short seller Garrett Jin has closed his entire short position of 38,000 ZEC, valued at approximately $58.5 million, resulting in a loss of $35.44 million. Despite this, he continues to hold 202,078 ZEC in spot assets, worth about $309 million, with an unrealized profit of approximately $221 million.