Onchain Lens Says Garrett Jin Increased HYPE Holdings to 144,183 Tokens
According to Lookonchain, Garrett Jin bought 145,050 HYPE worth $9.05 million in four days and placed TWAP orders for 39,940 more, while maintaining BTC longs and ZEC shorts.
BTC
HYPE
ZEC
Fact Check
The content's specific claims (Lookonchain attribution; 145,050 HYPE; $9.05M; 4-day window; TWAP for 39,940 more; BTC longs and ZEC shorts) are directly corroborated by Lookonchain's own X post 2058708750584914250 and PANews's Chinese-language summary citing it. The title-stated 144,183 tokens figure comes from a separate OnchainLens post (2058561888020234575) referencing the same trader at a slightly earlier snapshot — a minor inconsistency between the headline and body, but each underlying number is independently accurate per its source.
Summary
Lookonchain reported that Garrett Jin, identified as the "1011 insider whale" agent, bought 145,050 HYPE worth $9.05 million over the past four days, a slight increase from the previously reported 144,183 HYPE. The update also said he placed TWAP orders to buy another 39,940 HYPE worth $2.44 million. In addition to the HYPE accumulation, he is holding 504.4 BTC long positions and 57,460 ZEC short positions. The new report adds fresh detail on the scale and execution of his HYPE purchases while confirming that he remains exposed to directional trades in Bitcoin and ZEC.
Terms & Concepts
- TWAP: Time-Weighted Average Price, an execution method that splits orders over time to reduce market impact.
- Longs: Positions that profit if an asset’s price rises, in this case referring to Garrett Jin’s BTC exposure.
- Shorts: Positions that profit if an asset’s price falls, in this case referring to Garrett Jin’s ZEC exposure.