According to monitoring by @EmberCN, whale Garrett Jin shared a screenshot and address showing his withdrawal of 202,077 ZEC from Binance. This whale withdrew the batch of ZEC last December at approximately $437 each. Based on the current price of $1,564, the unrealized profit has reached $228 million (+258%). His 38,000 ZEC short position on Hyperliquid is seen as partial hedging.