"1011 Insider Whale" Agent Opens $59.11 Million BTC Long Position with Liquidation Price at $62,656

According to Odaily Planet Daily, as monitored by Lookonchain, Garrett Jin (#BitcoinOG1011short), the agent of the "1011 insider whale," has deposited 39.5 million USDC into Binance. Subsequently, he withdrew 40 million USDC from Binance via the new wallet 0x92ea and deposited 10 million USDC into Hyperliquid.

Following this, he opened a long position of 504.4 BTC on Hyperliquid with 5x leverage, valued at approximately $59.11 million, with a liquidation price of $62,656.49. Additionally, he purchased 42,524 HYPE, worth approximately $2.33 million.