• A wallet linked to former Bitforex chief Garrett Jin sold 184,102 HYPE tokens worth approximately US$13.55 million.
• The sale generated an estimated profit of US$2.83 million before the wallet opened a new long position in UNI.
• The wallet continues to hold large long positions in Bitcoin and Zcash while rotating capital between crypto market themes.

A wallet attributed to former Bitforex chief Garrett Jin sold 184,102 Hyperliquid (CRYPTO:HYPE) tokens worth approximately US$13.55 million and realised an estimated profit of US$2.83 million, according to blockchain analytics platform Lookonchain.

The transaction occurred while HYPE traded near record highs and Uniswap (CRYPTO:UNI) ranked among the most-searched digital assets on…