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BlockBeats News, July 6, according to EmberCN's monitoring, Garrett Jin, who established a ZEC short position 9 days ago, increased his position again 1 hour ago. He currently holds a ZEC short position worth approximately $15.08 million, with an average entry price of $444 and a current unrealized loss of approximately $530,000. This whale has realized profits in two previous ZEC trades: in late May, he established a ZEC short position worth approximately $36 million near $626. Subsequently, due to a ZEC vulnerability incident causing a significant price drop, he closed the position in early June with a profit of approximately $11.24 million. He then established a ZEC long position worth approximately $22 million near $439 and closed it around $447, resulting in a profit of about $420,000. Furthermore, with Bitcoin rebounding by over $5,000 in recent days, his long-held BTC long position's unrealized loss has narrowed from around $23 million to about $16 million.

Garrett Jin The whale entity increased its ZEC short positions 1 hour ago and now holds ZEC shorts worth 15.08 million US dollars, with an average short opening price of 444 US dollars and an unrealized loss of 530 thousand US dollars. In late May, this entity opened ZEC shorts worth 36 million US dollars at 626 US dollars and closed the positions with a profit of 11.24 million US dollars. In early June, it opened ZEC longs worth 22 million US dollars at 439 US dollars and closed them at 447 US dollars with a profit of 420 thousand US dollars. As BTC rebounded by 5,000 US dollars, the unrealized loss on its BTC long positions narrowed from 23 million US dollars to 16 million US dollars. (Yujin)

Analyst Gaah stated that the Bitcoin AHR999 index has dropped to 0.32, a value close to its historical low.