Key Highlights
- Garret Jin has opened a $900 million long position across Bitcoin, Ethereum, and Solana.
- The trader previously recorded a $100 million profit from a single three-hour short position in October.
- This move leverages his reputation for high-stakes timing and close political associations.
Garret Jin, often associated with U.S. President Donald Trump, is currently holding long positions of around $900 million. Hyperdash data shows that Jin has opened high-leverage positions in Ethereum (ETH), Bitcoin (BTC), and Solana (SOL), indicating a coordinated bet on a market rally.
The positions appear as he attempts to capitalize on market volatilities based on his timing predictions. His portfolio on Hyperdash reflects an aggressive breakdown of these positions.
Jin’s portfolio breakdown
The largest position is on Ethereum, where the wallet holds 223,340.65 ETH valued at approximately $741.79 million. The 5x position was entered at an average price of $3,161.8, with a liquidation level near $2,192.1. Based on current prices, the trade is sitting on an unrealized profit of roughly $35.5 million, making ETH the most critical leg of the portfolio.
In Bitcoin, the wallet holds a 10x long position of 1,000 BTC, currently valued at $95.45 million, with an entry price of $91,507. The position is up around $3.94 million in unrealized gains, reflecting the recent stability in BTC prices above the $90,000 level.
Additionally, the trader holds a sizable Solana position, with 511,612.85 SOL valued at $73.66 million, entered at $130.19 using 10x leverage. This position has generated approximately $7.05 million in unrealized profit, supported by continued strength in SOL relative to other large-cap altcoins.
This aggressive trading strategy has already generated more than $46 million in unrealized profits in total.
Political connections and 100% win-rate history
Jin’s political connections naturally bring extra scrutiny to his market activity. While there is no evidence of policy coordination or the use of privileged information, his reported ties to the Trump administration mean his trades are often analyzed for insights into future policy directions and the administration’s stance on digital currencies.
He gained attention in October when he executed a huge short position that earned $100 million in just three hours. The trade established him as a 100% “win-rate” outlier in the crypto market, leading many to wonder about his sources. By going all-in again with nearly a billion dollars in total position value, Jin is repeating a high-risk strategy that reflects his previous wins.
This substantial ‘all-in’ bet suggests strong conviction that the market’s current momentum will be sustained.
Future market implications
For the market itself, the scenario has a dual outcome. If the profits in the positions maintained by Jin continue to roll in, it might trigger an increase in ‘FOMO’ sentiment across the retail and institutional sectors, leading the stock to hit a new high. On the other hand, such leveraged positions are also a market liquidation target if the direction changes.
Traders are closely watching the $3,161 entry price for his Ethereum long and the $91,506 level for Bitcoin as key support points.
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