Garrett Jin: Adds $15M ZEC Short on Hyperliquid

Garrett Jin whale entity increased its ZEC short on Hyperliquid, now holding a $15.08 million position opened at an average price of $444 with $530,000 in unrealized losses.

The trader previously profited $11.24 million from a $36 million short entered at $626 that closed after the June 2026 ZEC vulnerability exploit, then booked a $420,000 gain on a subsequent long at $439 closed at $447.

Price action on the 4h chart shows ZEC at $463.79 holding above the EMA200 at $462.12 while the EMA50 at $438.44 acts as primary support; with the pair trading inside the Bollinger Bands between $435.98 and $478.91 and MACD printing a death cross at 10.05, momentum favors a retracement toward the 50-EMA before any test of upper-band resistance at $478.91.