“1011 Insider Whale”’s Agent Opens $59.11 Million BTC Long Position, Liquidation Price at $62,656

Odaily reports, according to Lookonchain monitoring, the agent Garrett Jin (#BitcoinOG1011short) of the “1011 insider whale” has deposited 39.5 million USDC to Binance. Subsequently, through a new wallet 0x92ea, it withdrew 40 million USDC from Binance and deposited 10 million USDC into Hyperliquid.

Subsequently, it opened a 504.4 BTC long position on Hyperliquid with 5x leverage, with a position value of approximately $59.11 million and a liquidation price of $62,626.49. Additionally, it purchased 42,524 HYPE, worth approximately $2.33 million.