BubbleMaps reveals Garrett Jin losing 128 million due to ETH trading

[Whale Address Buys 8.4 Billion ASTEROID, Unrealized Loss of $675,000] According to on-chain analyst Ai Yi (@ai_9684xtpa), a certain address purchased 8.4 billion ASTEROID tokens between April 19 and 25 at an average price of approximately $0.0003013, with a total investment of $2.53 million. As the token's market cap fell below $100 million, the holdings have depreciated by 26.7%, resulting in an unrealized loss of about $675,000. As of now, the address has not executed any stop-loss actions.

A pre-sale buyer of Ethereum purchased 2000 ETH for $620, which increased in value to $4.2 million after holding for over ten years. The funds have been transferred to the relevant address. （Cointelegraph）

According to BubbleMaps' article on the X platform, Garrett Jin, the agent of the "1011 Insider Whale", could have made a cumulative profit of over 70 million US dollars if he had not traded ETH, but now he is losing about 128 million US dollars. He once gained attention for short selling Bitcoin and making a profit of about 100 million, but later suffered a loss of about 200 million due to his heavy position in ETH. At present, Garrett Jin's affiliated address is betting on HYPE and ZEC, with a floating profit of about 900000 yuan on its HYPE position and a floating loss of about 1.8 million yuan on its ZEC short position.

The ESPORTS token plummeted by over 90% within an hour, with its market value dropping to $330 million. On chain analysis shows that the ESPORTS team has sold 60 million tokens at relevant addresses, earning over $6 million in profits. Two months ago, the team unlocked over 60 million ESPORTS from the Gnosis Safe multi signature vault.

According to reports, US President Trump stated that negotiations between the US and Iran are progressing smoothly, and if a "great agreement" cannot be reached, the situation may return to a "larger battlefield". He has communicated with leaders from Saudi Arabia, the United Arab Emirates, Qatar and other countries, requesting the simultaneous signing of the Abraham Accord to promote Middle East reconciliation. Trump said that the agreement brings "financial, economic, and social prosperity" to member countries and welcomes Iran to join this "world alliance". He hopes that Saudi Arabia and Qatar will be the first to sign the agreement, stating that it may become the 'most important peace agreement in the Middle East in 5000 years'.