Garrett Jin: Closes ZEC Long for $417K Profit
Garrett Jin closed ZEC long for $417K profit and UNI long for $314K loss while holding 1,268 BTC with $16.85M unrealized losses.
SourceAnalysis
Garrett Jin closed his ZEC long for a $417K profit and his UNI long for a $314K loss, while selling all 184,102 HYPE tokens at around $73.6 for a $2.83M gain.
He maintains a 1,268 BTC long position valued at $79.69M with unrealized losses exceeding $16.85M according to on-chain data from lookonchain.
BTC price action at $63029.17 sits below the EMA50 at $64498.78 and well under the EMA200 at $68972.63, locking in a bearish trend structure reinforced by the MACD death cross at -509.95. With RSI(14) at 38.18 remaining neutral and price contained inside the Bollinger bands, the $62281.48 lower band now acts as immediate support while the $67454.98 upper band caps any short-term bounce.
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