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TokenTrend Tech

06/19 18:37

Garrett Jin Couldn't Stay Away From HYPE for Long. Just one day after cashing out his entire HYPE position for a multi-million-dollar gain, Garrett Jin is already buying back in.
Yesterday, Garrett sold all 184,102 HYPE for approximately $13.55 million at an average price of $73.6, locking in an estimated $2.83 million profit. Apparently, that wasn't the end of the trade.
Today, he has already accumulated 81,703 HYPE in the spot market, spending roughly $6 million to rebuild a position.
The move suggests Garrett may still be bullish on HYPE's longer-term upside, despite taking profits near recent highs. What's interesting is that he isn't rotating out of his other trades to fund the purchase.
In futures, Garrett remains heavily long across multiple assets:
• $BTC Long (5x)
• $ZEC Long (2x)
• $UNI Long (2x)
( You can find his detail future position in the below attached image)
So instead of reducing risk after banking a profit, he's effectively increasing his overall exposure to the market. Sell HYPE. Take profits. Then buy HYPE again the very next day.

Address:
0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9
#TradFi Trading Strategies Sharing Challenge#1$ Margin Trade#BILL: Human-AI Collaboration Network
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