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Futures
Hundreds of contracts settled in USDT or BTC
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Pledge one crypto to borrow another
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Customized asset management to grow your digital assets
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Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
Soft Staking
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Analysis: The Whale that "dumped over $4.23 billion in BTC to exchange for ETH" is suspected to be Garrett Jin, a former executive of a certain exchange.
PANews, October 12th news, according to market news, on-chain analyst Eye disclosed on the X platform that the HyperLiquid whale, holding over 100,000 BTC and selling over $4.23 billion worth of BTC to swap for ETH, may be associated with former exchange executive Garrett Jin. During August and September, it sold over 35,000 BTC through a series of BTC wallets using Hyperliquid/Hyperunit, and exchanged them for ETH. The address where its staked ETH contract was deployed had received funding from a wallet, and the initial funds of that wallet came from 'ereignis.eth', while the second ENS domain name associated with its address, 'garrettjin.eth', points to X user Garrett Jin. Currently, Garrett still holds 46,295 BTC (currently valued at $5.19 billion) at these addresses. In response to this analysis, CZ retweeted: "It is still uncertain whether it is true and accurate, and I hope someone can verify it."