Bitcoin Whale 1011 Returns with 150 BTC and 5,000 ETH Long After $20M USDC Deposit into Hyperliquid
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG News, citing MLM Monitor, reports that the so‑called ‘1011 Insider Whale’—a trader with a claimed cross‑asset exposure exceeding $10 billion and referenced as Garret—has reentered the market after a withdrawal from Binance. The briefing frames the move as renewed activity by a marquee liquidity mover.
According to the report, the trader redirected liquidity by depositing $20 million in USDC into Hyperliquid, before initiating a long-by-purchase stance through two large market orders: 150 Bitcoin (about $15.8 million) and 5,000 Ethereum (about $17.9 million).
These moves suggest a renewed directional stance and could influence near‑term liquidity. Market participants should monitor price action in Bitcoin and Ethereum alongside derivatives activity to gauge any sustained impact.