Garrett Jin Opens $34.5M ZEC Short Position, Increases HYPE Holdings

2026-05-23 12:43

Garrett Jin, known as the agent of "1011 Insider Whale," has opened a significant short position on Hyperliquid. Jin initiated a 57,500 ZEC 3x short position valued at $34.5 million. Additionally, he increased his holdings of HYPE tokens to 68,600, with a total value of $38 million. Despite these moves, Jin's address continues to hold a 5x long position of 504 BTC, currently facing an unrealized loss of $920,000. These strategic adjustments highlight Jin's active engagement in the crypto market, particularly in leveraging positions across different assets.

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