BlockBeats News, September 7 - According to EmberCN monitoring, whale Garrett Jin has not ceased shorting ZEC, just adding 7,000 ZEC short positions at approximately $1,195 each, valued at around $8.4 million, further raising the overall average shorting price.

After this increase, the entity's total ZEC short position has grown to 39,760 coins, with a notional value of approximately $47 million; due to continued accumulation at higher prices, its overall average shorting price has risen from the previous $444 to about $576.3. Based on current market conditions, the total floating loss on its ZEC short positions has reached approximately $24 million.