Garrett Jin whale entity closed its 57,459 ZEC short on Hyperliquid ten minutes ago, locking in $11.24M profit after ZEC rebounded more than 20% today; the position opened half a month earlier at $626 and peaked at $21.6M unrealized gain when ZEC hit $250 on the vulnerability event.

Price now sits at $416.51 inside Bollinger Bands with upper resistance at $486.33; the bearish structure keeps price below EMA50 resistance at $468.72 and EMA200 at $498.65 while RSI at 47.52 stays neutral and MACD registers a bullish golden cross at -26.82, suggesting any extension toward the upper band will likely meet selling before a retest of the 50-EMA confluence zone.