๐จ ๐๐ฟ๐๐ฝ๐๐ผ ๐ช๐ต๐ฎ๐น๐ฒ ๐ผ๐ป ๐๐ต๐ฒ ๐ ๐ผ๐๐ฒ: ๐๐ฎ๐ฟ๐ฟ๐ฒ๐๐ ๐๐ถ๐ป ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ๐ $๐ฐ๐ฒ๐ฏ๐ ๐ถ๐ป ๐๐ง๐ ๐๐ผ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ
A major whale alert hit the market as Garrett Jin a trader known for his massive market bets transferred 6,599 BTC (~$463M) to Binance amid a heavy market drawdown.
Jinโs deposits came just after suffering a $250M liquidation on Hyperliquid tied to a large ETH position. He first sent 1,599 BTC ($112M), followed by 5,000 BTC ($351M) hours later.
๐ง ๐ช๐ต๐ผ ๐ถ๐ ๐๐ฎ๐ฟ๐ฟ๐ฒ๐๐ ๐๐ถ๐ป?
The Hong Kong entrepreneur behind the now-defunct BitForex exchange once made headlines for a $735M Bitcoin short timed before U.S. tariff news in 2025 earning him millions and widespread controversy.
๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐บ๐ฝ๐ฎ๐ฐ๐
Bitcoin has lost nearly 40% since peaking at $126K in January, briefly dipping under $61K last week. Fear indicators show โcapitulation-level sentiment.โ While Jin still holds 30,600+ BTC (>$2B), the massive transfers raise concerns over potential sell pressure.
๐ ๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐:
๐๐ฟ๐๐ฝ๐๐ผ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐ฟ๐ฒ๐บ๐ฎ๐ถ๐ป ๐ณ๐ฟ๐ฎ๐ด๐ถ๐น๐ฒ ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ๐ป ๐๐ต๐ฎ๐น๐ฒ๐ ๐บ๐ผ๐๐ฒ, ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐๐ฐ๐ต๐ฒ๐ ๐ฐ๐น๐ผ๐๐ฒ๐น๐.
#BTC #market #Whale.Alert #Hyperliquid #ETH