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.
ETH price has lost 18% of its value in the last week.
The name Garrett Jin has previously been the subject of public controversy. During the sharp market crash in October, a trader operating under the pseudonym “Garrett Bullish” was alleged to have made tens of millions of dollars by opening large short positions just before the market decline. The crash followed US President Donald Trump’s announcement of tariffs on China and resulted in a loss of approximately $19 billion in the cryptocurrency market.
*This is not investment advice.
