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Alex E
Alex E
The big question right now: is Garrett Bullish about to go all in on HYPE? We already know he holds 184,000 HYPE, worth around 11.27 million USD at current prices. But the real story isn t how much he bought, it s whether he ll keep buying. Let me break down the on-chain data from AiCoin. His biggest positions are actually elsewhere. First, BTC. He opened a massive long position on May 20, buying 504.402 BTC within a single hour at an average price of roughly 77,394 USD. That s nearly 39 million USD. And since then, he has barely touched it. Then there s ZEC. Starting May 22, he began methodically opening short positions, splitting them into small hourly orders. Many hours saw around 2,410 ZEC sold short. In total, he built up 57,000 ZEC at an average price of about 626.47 USD, worth roughly 35.5 million USD. Add in seven deposits over the last 30 days totaling about 40,001,100 USDC. His current account value sits around 63.6 million USD. So here s the real question: if Garrett truly believes in HYPE, will he rotate his BTC long, his ZEC short, and his available cash into more HYPE? Optimists see his current 184,000 HYPE as just the beginning. It s a signal that HYPE is already in his portfolio. If he keeps converting other positions, the market will read it as a massive vote of confidence. And he s not the only one paying attention. Bitwise just added another 162,400 HYPE, worth about 10.1 million USD. As of May 21, Bitwise holds 723,400 HYPE, valued at around 40.4 million USD. It s easy to connect the dots: is Garrett loading up? Is Bitwise increasing its position? Are big funds starting to see HYPE as the next major trend? But skeptics have a point too. His BTC long and ZEC short are both significant. The way he split the ZEC shorts suggests a carefully managed strategy, not just spare cash waiting to be deployed into HYPE. These could be core portfolio positions, not exit liquidity. The real tension isn t whether Garrett bought HYPE. He already d...

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