Zcash Trade Nets $417K Profit for BitForex Founder as UNI Position Posts Loss

Garrett Jin, founder of BitForex, has recently closed two crypto long positions, with mixed results across trades. His position in Zcash (ZEC) ended in a gain of around $417,000, while his Uniswap (UNI) long was closed at a loss of approximately $314,000.

Despite these completed trades, he remains active in the market with a substantial ongoing position. He is still holding a 1,268 BTC long linked to Bitcoin, valued at about $79.69 million, which is currently showing unrealized losses of more than $16.85 million.

Source: Lookonchain