ChainCatcher report, according to Lookonchain monitoring, the agent of "Whale 1011," Garrett Jin (@GarrettBullish), accumulated 145,050 HYPE tokens over the past four days, valued at approximately $9.05 million, and has set a TWAP order to purchase an additional 39,940 HYPE tokens, worth about $2.44 million. Additionally, he currently holds a long position of 504.4 BTC, valued at approximately $38.9 million, and a short position of 57,460 ZEC, valued at approximately $38 million, with an overall unrealized loss of about $2.11 million.
Garrett Jin Buys $9.05M Worth of HYPE Over Four Days and Continues to Place Buy Orders
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Summary
Garrett Jin, linked to the '1011 insider whale,' has executed position trading by purchasing 145,050 HYPE tokens over four days, valued at $9.05 million. He also placed a TWAP order for 39,940 HYPE, worth $2.44 million. His current long position in BTC is 504.4, valued at $38.9 million, while his ZEC short position is 57,460, valued at $38 million, with a floating loss of $2.11 million. This move reflects a calculated risk-to-reward ratio in his ongoing strategy.
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