Garrett Jin Whale: Closes 1,333 BTC Long on Hyperliquid
Garrett Jin entity exits 1,333 BTC long at $84,455 for $8.38M profit after ZEC short close, now holds only spot BTC, ETH, ZEC.
SourceAnalysis
Garrett Jin whale entity closed its 1,333 BTC long on Hyperliquid 20 minutes ago, booking an $8.38 million profit on the three-day trade entered at $78,057 and exited at $84,455.
Following the earlier closure of its three-month ZEC short that lost $35.44 million, the address now carries zero perpetual positions on the platform and retains only on-chain spot holdings including 11,570 BTC and 200,200 ZEC.
With price testing upper Bollinger resistance at $83,689.86 while RSI flashes overbought at 83.05, a healthy retracement to the 50-EMA support at $79,344.25 seems probable before further continuation in this BTC price prediction environment. The MACD golden cross at 1,174.47 keeps the broader structure intact above the 200-EMA at $75,648.19, yet the overbought momentum flags short-term exhaustion that could trigger the next leg in any crypto market crash scenario.
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@EmberCNAnalyst about On-chain Analysis