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@lookonchain @GarrettBullish ⤴️ Only sharp eyes see it

@lookonchain @GarrettBullish whoever's on the other side of that zec short has had a very good month

@lookonchain @GarrettBullish hedging the zec loss with that much btc exposure is a wild way to play both sides, hope the liquidation math holds up for him

@lookonchain @GarrettBullish Garrett looks calm despite that short

@lookonchain @GarrettBullish more on recent major bitcoin treasury moves: cryptoninjas.net/news/metaplan…

@lookonchain @GarrettBullish Adding $47M after finally getting back into profit says a lot about conviction, but the leverage is what I’d watch. A 1,868 BTC long with a $44.5K liquidation leaves plenty of room, yet the ZEC short is carrying a very different risk profile. x.com/byalexalden/status/20924…

@lookonchain @GarrettBullish Adding $47M to a position instead of locking in profit. Bold or reckless depends entirely on what happens next.

@lookonchain @GarrettBullish Gotta love that conviction. He knows where it's at.

@lookonchain @GarrettBullish Terrible trade. $ZEC is going above a $1000 and will move much faster than $BTC - he is cooked on this trade. x.com/RazorbackAJ/status/20920…

@lookonchain @GarrettBullish He added to the $BTC long that's up 2.9M while the $ZEC short sits at minus 11M. The winning trade is what makes the losing one feel survivable.

@lookonchain @GarrettBullish That $ZEC short is absolutely bleeding, but man is doubling down on the BTC long. Pure conviction.

@lookonchain @GarrettBullish Big whale

@lookonchain @GarrettBullish That liquidation price on the BTC long is way too close for comfort given the ZEC bleeding.

@lookonchain @GarrettBullish Doubling down like that takes massive conviction given the ZEC position.

@lookonchain @GarrettBullish Ballsy play, hope the math works out.

@lookonchain @GarrettBullish Garrett knows what is next 🤘

@lookonchain @GarrettBullish I'll eat it if it's human

@lookonchain @GarrettBullish He found balance in his trades

@lookonchain @GarrettBullish x.com/The_LastBag/status/20924…

@lookonchain @GarrettBullish it’s a wild strategy but those long positions can really pay off if $BTC takes off

@lookonchain @GarrettBullish 1868 BTC at $47k avg with only 3 months to expiry. the spread is his margin for error and it's narrower than a venture cap table negotiation. he didn't add size, he added conviction.

@lookonchain @GarrettBullish The BTC long is conviction, the ZEC short is a hostage situation

@lookonchain @GarrettBullish you already know how this could end x.com/moretradingonl/status/20…

@lookonchain @GarrettBullish Getting back to breakeven and immediately adding size is the trader version of double or nothing.

@lookonchain @GarrettBullish On-chain data shows Garrett Jin re-added 600 BTC to his long instead of taking profit, bringing total exposure to 1,868 BTC (+$2.9M PnL). Notably, his 32,760 ZEC short is currently down -$11M

@lookonchain @GarrettBullish Adding another $47M after already being back in profit is either pure conviction or the definition of “this time is different.” Curious how the ZEC short factors into the overall book risk if BTC keeps grinding higher.

@lookonchain @GarrettBullish It’s means he is long on btc/zec smart trade

@lookonchain @GarrettBullish Yes, #Bitcoin is going to $90000 that would be easier than dumping under $50000 currently

@lookonchain @GarrettBullish His entry on ZEC is too low that even if it dumps,he would have to wait for it dump to $200 to make better profit which isn't possible

@lookonchain @GarrettBullish This dude knows nothing about Z obviously

@lookonchain @GarrettBullish why the hell is he short on zec

@lookonchain @GarrettBullish Do you know the greed is one of the seven deadly sins...for a reason!

@lookonchain @GarrettBullish Gonna lose it again

@lookonchain @GarrettBullish how did he get the money to gamble in the first place?

@lookonchain @GarrettBullish is that the same guy with IQ 250?

@lookonchain @GarrettBullish Signs of the following pullback

@lookonchain @GarrettBullish bro took a screenshot and added more 🤣

@lookonchain @GarrettBullish That’s serious conviction. The ZEC short, though, is a completely different story

@lookonchain @GarrettBullish Buy high, sell low.

@lookonchain @GarrettBullish Doubling down after getting back into profit is aggressive. The BTC trade is working, but that ZEC short shows how quickly conviction can get expensive.

@lookonchain @GarrettBullish Higher

@lookonchain @GarrettBullish Highr we want

@lookonchain @GarrettBullish They won't let Garrett Jin win, they'll go after him, I'm sure of it. The bear market isn't over.

@lookonchain @GarrettBullish Dream number his liq number

@lookonchain @GarrettBullish Adding 600 BTC to your position while holding a short ZEC position that's now losing $11 million is incredibly erratic. The profits from BTC aren't even enough to cover the losses in ZEC. Dude, are you hedging or just trying to comfort yourself?

@lookonchain @GarrettBullish how the f did this nerd got this much money in his account