According to Onchain Lens, the agent of "1011 Insider Whale," Garrett Jin (@GarrettBullish), opened a 57,500 ZEC 3x short position on Hyperliquid, worth $34.5 million, and increased his HYPE holdings to 68,600 tokens, valued at $38 million. This address still holds a 5x long position of 504 BTC, with an unrealized loss of $920,000.
Garrett Jin opens a 57,500 ZEC short position on Hyperliquid and adds 68,600 HYPE.
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Summary
Garrett Jin opened a 57,500 ZEC short position on Hyperliquid with 3x leverage, as part of his position trading strategy. This move amounts to $34.5 million and follows a $38 million increase in his HYPE position size to 68,600 HYPE. The same address holds a 504 BTC long position with 5x leverage, currently down $920,000.
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