[Suspected Former Exchange Executive Garrett Jin Linked to Whale Selling Over $4.23 Billion BTC to Swap for ETH]
On-chain analyst Eye disclosed on the X platform that HyperLiquid whale, holding over 100,000 BTC, recently sold BTC worth over $4.23 billion and swapped it for ETH, potentially linked to former exchange executive Garrett Jin. Data shows that during August and September, the whale sold over 35,000 BTC through multiple BTC wallets on the HyperLiquid/HyperUnit platform and exchanged them for ETH. Additionally, the staking ETH contract deployment address had received funding from a wallet, whose initial funds originated from 'ereignis.eth.' The second ENS domain associated with this address, 'garrettjin.eth,' points to X user Garrett Jin. Currently, the related address still holds 46,295 BTC, valued at approximately $5.19 billion. In response, Binance CEO CZ stated that the authenticity of the information could not yet be confirmed and called for further verification.