A major investor known in the cryptocurrency market as the “Hyperunit Whale,” associated with Garrett Jin, is alleged to have realized a loss of approximately $250 million by selling all of his Ethereum ($ETH) positions.
It was claimed that the investor in question had only $53 left in their Hyperliquid account after the sale.
According to market data, this investor, identified as a whale, had been attracting attention in recent months with his highly leveraged and aggressive trades. However, it is reported that he liquidated all of his $ETH holdings with the latest sale, finalizing a significant loss. The sharp fluctuations in Ethereum’s price and the recent increase in selling pressure have had serious financial consequences for investors holding large positions.
en.bitcoinsistemi.com