“1011 insider whale” agent opens a $59.11 million BTC long position with liquidation price at $62,656

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

Subsequently, on Hyperliquid, it opened a 504.4 BTC long position with 5x leverage, with a position value of approximately $59.11 million and a liquidation price of $62,656.49. Additionally, it purchased 42,524 HYPE, worth approximately $2.33 million.