Garrett Jin, the "1011 Insider Whale," predicts that BTC could rebound to $106,000 and ETH could rebound to $4,500.

According to Odaily Planet Daily, Garrett Jin, a Hyperliquid whale who previously profited handsomely from short selling based on insider information, posted that Bitcoin and Ethereum are poised for a surge, with first targets of $106,000 for Bitcoin and $4,500 for Ethereum.

According to previous reports, prior to the "10.11" crash, BitForex CEO Garrett Jin opened a huge short position on Hyperliquid three days in advance and ultimately made a profit of over $200 million, leading the community to speculate that he was involved in insider trading.