Losses exceed $24 million; the largest on-chain ZEC short, Garrett Jin, opens another short of 7,000 ZEC

According to Odaily, as monitored by Lookonchain, Garrett Jin (0x92ea...050e), the largest ZEC short seller on-chain, has incurred losses exceeding $24 million. However, he has again increased his short position by 7,000 ZEC, valued at $8.4 million. His total ZEC short position now stands at 39,760 coins, worth $47.22 million, with a liquidation price of $2,292.