Garrett Jin: Buys $11.5M HYPE in Four Days
Garrett Jin buys 145050 HYPE ($9.05M) plus TWAP for $2.44M more while holding 504.4 BTC long and ZEC short down $2.11M.
SourceAnalysis
Garrett Jin purchased 145050 HYPE tokens for $9.05 million over the past four days and added a TWAP order for another 39940 HYPE worth $2.44 million.
The move arrives as Bitcoin holdings remain a core part of his book with a 504.4 BTC long position valued at $38.9 million alongside a 57460 ZEC short that sits $2.11 million underwater.
Price action on the 4h chart shows HYPE trading at $63.03 inside the Bollinger Bands with the upper resistance at $65.33 acting as immediate volatility exhaustion target while the EMA50 support at $54.72 and EMA200 at $46.65 provide layered long-term floors. Momentum stays constructive as MACD registers a bullish golden cross at 2.64 and RSI at 65.27 leaves room before overbought territory, pointing to a measured continuation higher after any shallow retracement to the 50-EMA. This accumulation pattern feeds directly into updated HYPE price prediction models and highlights how large Bitcoin holders reposition during periods of crypto market crash risk.
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