Garrett Jin: BTC Long Hits 1,268 Coins at $94.45M
Garrett Jin adds to 1,268 BTC long worth $94.45M while holding 184,102 HYPE spot and 57,459 ZEC short on Hyperliquid.
SourceAnalysis
Garrett Jin (@GarrettBullish) has increased his BTC long to 1,268 coins valued at $94.45M, now sitting on a $2.08M unrealized loss while maintaining a 57,459 ZEC short position that shows a $4.84M gain and 184,102 HYPE tokens in spot holdings down $68K.
The trader also executed recent spot purchases of 145,050 HYPE tokens worth $9.05M over four days on Hyperliquid with an active TWAP order for another 39,940 tokens. Price action on the 4h chart shows BTC at $74,530.86 trading inside the Bollinger Bands with the lower support at $74,368.05 acting as immediate floor while the EMA50 resistance at $76,645.33 and EMA200 at $77,203.44 cap upside; the MACD death cross at -540.03 confirms bearish momentum even as RSI at 31.47 remains neutral, suggesting any bounce toward upper band resistance at $78,355.56 will likely stall before retesting the 50-EMA confluence.
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