$900M Crypto Bet: Controversial Hyperliquid Whale Goes All-In On BTC, ETH Rally
A whale wallet linked to former BitForex CEO Garrett Jin has opened approximately $900 million in long positions across major cryptocurrencies, according to blockchain analytics platform Arkham Intelligence.
The positions include $733 million in Ethereum, with additional exposure in Bitcoin and Solana using leveraged derivatives on Hyperliquid.
This marks the trader’s return to aggressive positioning three months after allegedly profiting from October 2025’s market crash.
What Happened
Arkham reported Friday that the wallet increased its existing Ethereum long by $66.2 million, bringing total combined exposure across ETH, BTC and SOL above $900 million.
The same wallet address had generated an estimated $190-200 million by shorting…
