Trader Closes ZEC Short for $11.24M Profit as Zcash Rally Continues
A massive contrarian trade on Hyperliquid just paid off in a staggering way. According to the on-chain update from Lookonchain, the trader known as Garrett Jin closed a short position on Zcash (ZEC) for an $11.24 million profit – a move that went directly against the privacy coin’s strong upward momentum.