• On-chain investigator Eye traces $735 million Bitcoin short to Garrett Jin identity.
• Whale sold over $4.23B in BTC for ETH through Hyperliquid platform trades.
• Former BitForex CEO denies personal ownership, claims client fund management.

On-chain investigator Eye has published analysis claiming to identify the mysterious Hyperliquid whale holding over 100,000 BTC. The entity sold more than $4.23 billion in Bitcoin to acquire Ethereum and placed a $735 million BTC short order on the platform.

During August and September, the whale sold over 35,000 BTC for ETH using both spot and perpetual markets via Hyperliquid/Hyperunit. The transactions involved multiple Bitcoin wallet addresses.

Eye analyzed the address that opened the $735 million Bitcoin short position, tracing fee payments through several wallet addresses. The investigation tracked funds flowing through Bi…

Read The Full Article Did a Single Trump Tweet Unleash One of Crypto’s Most Sophisticated Market Attacks? On Coin Edition.

• On-chain investigator Eye traces $735 million Bitcoin short to Garrett Jin identity.
• Whale sold over $4.23B in BTC for ETH through Hyperliquid platform trades.
• Former BitForex CEO denies personal ownership, claims client fund management.

On-chain investigator Eye has published analysis claiming to identify the mysterious Hyperliquid whale holding over 100,000 BTC. The entity sold more than $4.23 billion in Bitcoin to acquire Ethereum and placed a $735 million BTC short order on the platform.

During August and September, the whale sold over 35,000 BTC for ETH using both spot and perpetual markets via Hyperliquid/Hyperunit. The transactions involved multiple Bitcoin wallet addresses.

Eye analyzed the address that opened the $735 million Bitcoin short position, tracing fee payments through several wallet addresses. The investigation tracked funds flowing through Bi…

Read The Full Article Did a Single Trump Tweet Unleash One of Crypto’s Most Sophisticated Market Attacks? On Coin Edition.