Garrett: $39M BTC Long Opened via HyperLiquid | Flash News Detail | Blockchain.News
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5/20/2026 11:20:00 PM

Garrett: $39M BTC Long Opened via HyperLiquid

Garrett: $39M BTC Long Opened via HyperLiquid

Garrett-linked wallet deposits $39.5M USDC on Binance, buys 42,524 HYPE and opens 504.4 BTC long at $39M while BTC trades at $77264.15.

Source

Analysis

Garrett looks to be back in action after a linked wallet deposited $39.5M USDC into Binance, withdrew $40M USDC to a dormant address, sent $10M USDC to HyperLiquid, purchased 42,524 HYPE for $2.3M and opened a 504.4 BTC (5x) long valued at $39M.

With BTC priced at $77264.15 on the 4h chart, price sits inside the Bollinger Bands testing upper resistance at $78040.54 while the bearish structure holds below EMA50 at $78194.0; the MACD golden cross at -171.57 and neutral RSI of 45.53 point to a probable pullback toward EMA200 support at $77380.3 before any extension higher, informing BTC price prediction models that factor in crypto market crash scenarios and AI industry impact on leverage flows.


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