Garrett Jin (@GarrettBullish), the largest on-chain $ZEC short, seems to be giving up.

He just closed 7,000 $ZEC ($8.16M) short, taking a $4.12M loss.

He still holds a 32,760 $ZEC ($37.83M) short, with a $18.95M unrealized loss.

Liquidation price: $2,857.

https://hypurrscan.io/address/0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9#perps

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