The "Garrett Jin whale entity" has increased its short position on Zcash (ZEC) to $15.08 million, according to on-chain analyst Ember. This move, made just an hour ago, follows an initial short position opened nine days prior. The average entry price for this position is $444, resulting in an unrealized loss of $530,000. Previously, the entity profited from two ZEC trades: a $36 million short in late May, which capitalized on a ZEC vulnerability for an $11.24 million profit, and a $22 million long that netted $420,000. Additionally, the entity's unrealized loss on a Bitcoin (BTC) long position has decreased from $23 million to $16 million, as BTC's price recently surged by over $5,000.