News linked to both this project and an event.
According to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), a suspected insider address for $LAB transferred 7.99 million tokens to three new addresses under the Aster platform 11 hours ago. Only one and a half hours after the transfer, the price of $LAB plummeted from $1.21 to $0.8152, a drop of 34%. Previously, this address had transferred the same batch of tokens to three new addresses 3 hours ago, at which time the value was about $9.24 million, while three days ago this batch of tokens was worth as high as $141 million. Since July 6, $LAB has flash crashed from $17.68 to $1.05, accumulating a 94% plunge over three days. The coin price has fallen back to the level before the suspected market manipulation began two months ago, and the market suspects that the market makers have entered the direct distribution phase.
According to on-chain analyst Ai Yi (@ai_9684xtpa), $LAB flash crashed from $17.68 to $1.05 within three days starting from July 6, a decline of 94%, with the coin price falling back to the level before the suspected market manipulation began two months ago. Meanwhile, suspected insider addresses remain active on-chain, having transferred 7.99 million LAB to three new addresses 3 hours ago; currently worth about $9.24 million, this batch of tokens was worth as high as $141 million three days ago, and the purpose of the transfer is currently unknown.
According to Odaily, "1011 Insider Whale" agent Garrett Jin pointed out in a post that there has been a clear change in market structure this week, with funds within the AI industry chain being reallocated.Change 1: Signs of a cyclical peak in Memory chipsHe stated that Micron's stock price faced resistance and fell back around the $1250 level. Despite earnings results exceeding expectations, the stock price is still declining on increasing volume, displaying typical top-forming characteristics of "weakening after good news is priced in."Concurrently, capital is rapidly flowing out of the memory chip sector. DRAM-related ETFs are experiencing declines on heavy volume, and SK Hynix and Samsung Electronics in the South Korean market are also weakening. Data shows that foreign investors have withdrawn over 100 trillion Korean Won (approximately $650 billion) from the South Korean stock market in the past two months.Change 2: Funds rotating towards AI HyperscalersHe noted that the real direction for absorbing this capital is not small and mid-cap AI concept stocks, but rather the core cloud computing giants represented by Google, Microsoft, and Amazon.Last Friday, when the chip sector came under pressure, GOOG and MSFT had already stabilized on increased volume, and this week META has further strengthened this trend by rallying on high volume.Garrett Jin believes the logic behind this capital migration is the "token optimization trend." As more simple tasks are handled by low-cost models, value will gradually concentrate on the token-based billing cloud services and orchestration layers, rather than the foundational model layer. This also forms the core moat for hyperscale cloud providers. The current strategy should focus on catching up opportunities in hyperscale cloud names.
according to sources familiar with the matter, U.S. regulators are investigating allegations brought by Susquehanna International Group. The allegations claim that an unknown insider trader profited $100 million through options bets ahead of the recent Chinese regulatory crackdown on cross-border brokerages Futu and Tiger Brokers. Susquehanna made these allegations public in a lawsuit filed in the Manhattan federal court on June 29.The sources indicated that the U.S. SEC is reviewing the trades described in the market maker's complaint. In its lawsuit, Susquehanna claims it lost over $70 million as the counterparty to much of the alleged insider trading. The lawsuit states that traders purchased options traded on U.S. exchanges of Chinese securities firms, which subsequently became the target of a regulatory crackdown on May 22. The scope and stage of the SEC investigation are currently unclear. A U.S. judge on June 29 granted Susquehanna's request to freeze the relevant accounts. The Chinese government stated that Futu and Tiger Brokers were providing unlicensed trading services to mainland residents. The stock prices of both companies fell following the announcement on May 22. Futu was fined 1.85 billion yuan in regulatory penalties, and founder Leaf Li saw his wealth decrease by $1.7 billion in a single day. (Straits Times)
According to on-chain monitoring, Garrett Jin has again placed a $21.73 million short position in ZEC; part of it has already been executed. Meanwhile, his long BTC position is currently underwater by over $20 million.
Odaily Odaily News: According to on-chain analyst Ai Yi's monitoring, BTC has once again fallen below $60,000. The 5x leveraged long Bitcoin position held by Garrett Jin, the agent of the "1011 Insider Whale," now has an unrealized loss of $21.12 million. The opening price of his 1,268.33 BTC position was $76,117, while the mark price is $59,466, representing a decline of 21.8%.
Data shows that “10·11 Insider Whale” Garrett Jin still holds a 5x leveraged long position of 1,270 BTC. The position was opened at a price of $76,117 in May of this year and has been held for nearly 2 months. Currently, the floating loss on this trade exceeds $18.55 million, with a margin size of $15.6 million, and the liquidation price is temporarily reported at $16,964.
Odaily reports: According to monitoring by Ember, the "1011 insider whale" (linked to the Garrett Jin whale entity) has closed out its smaller ZEC and UNI long positions. Specifically, a long position of 50,000 ZEC (approximately $22.38 million) was closed for a profit of about $420,000; a long position of 580,000 UNI (approximately $1.76 million) was closed at a loss of around $310,000.However, this whale still holds a BTC long position of 1,270 BTC, opened in May this year at a price of $76,117. The position is currently worth approximately $80 million, with its floating loss widening to about $16.65 million.
: According to Onchain Lens monitoring, the "10.11 Insider Whale" Garret Jin appears to be bullish on UNI, having opened a 2x long position on 366,423 UNI with the position still increasing, and continues to hold a 5x long position on BTC and a 2x long position on ZEC.
Odaily News According to Onchain Lens monitoring, the "1011 insider whale," Garret Jin, has sold all 184,102 HYPE at a price of $73.58, exchanging them for 13.54 million USDC, realizing a profit of $2.83 million. He still holds a 5x long BTC position, with an unrealized loss of $13.2 million, and a 2x long ZEC position, with an unrealized gain of $3.29 million.
Odaily informs that 1011 Insider Whale Garrett posted on X platform: "As it turns out, the only protracted winter is cryptocurrency. Meanwhile, crude oil has delivered returns. The strategy of shifting from cryptocurrency to stocks has worked out well."
On-chain data shows that Garrett Jin, known in the market as the “1011 insider whale” agent, placed six ZEC limit buy orders at $409.12. He currently holds a 5x-leveraged long Bitcoin position and a 2x-leveraged long ZEC position, with an overall unrealized loss of approximately $15.4 million.
According to Hyperbot data, "1011 Insider Whale" agent Garrett Jin placed 6 limit buy orders for ZEC at the price of $409.12 two hours ago. Currently, his 5x leveraged Bitcoin long position holds 1,268.33487 BTC, and his 2x leveraged ZEC long position holds 50,013.17 ZEC. The overall floating loss of the positions is approximately $15.618 million, with an investment return rate of -57.9%.
According to Hyperbot data, as the ZEC price rebounded, the three-times leveraged ZEC short positions previously opened by Garrett Jin, the representative of the "1011 Insider Whale", have all been closed. He currently holds a five-times leveraged Bitcoin long position with a size of 1,268.33487 BTC and a liquidation price of $40,951. The current overall floating loss on the position is $17.925 million, with a return on investment of -114.01%.
Odaily Odaily News According to on-chain analyst EmberCN, BNBChain Life, which has surged 20x in two months, may be controlled by Garrett Jin – the whale entity that converted tens of thousands of BTC into over 900,000 ETH last year and suffered a $230 million loss from a long position liquidation on Hyperliquid this February.1. From February to recent days, an address cluster has accumulated 284 million BNBChain Life tokens ($237 million) through Binance withdrawals and on-chain purchases. This represents 28.4% of the total BNBChain Life supply.Including holdings on CEX, they likely control a significant proportion of BNBChain Life. The token has also surged 20x during these months ($0.04 → $0.85).2. Intersection with the Garrett Jin whale entity: Shared deposit addresses.- Multiple addresses that withdrew large amounts of BNBChain Life from Binance shared a Binance deposit address with the Garrett Jin whale entity six months ago. Addresses that have been heavily buying BNBChain Life on-chain in the past five days shared a Bybit deposit address with the Garrett Jin whale entity.Therefore, BNBChain Life is highly likely being manipulated by the Garrett Jin whale entity.◎The Garrett Jin whale entity is the prominent entity that held 100,000 BTC last year, managed by Garrett Jin.◎Last year, via Hyperliquid, it swapped tens of thousands of BTC for over 900,000 ETH at prices above $3,500.◎This February, the entity opened a long position of over 200,000 ETH on Hyperliquid, ultimately resulting in a $230 million liquidation loss.◎In May, when ETH was around $2,350, they transferred 577,000 ETH ($1.351 billion) into Binance, after which ETH continued to decline.
Garrett Jin, the agent of “BTC OG Insider Whale,” posted on social media that Serenity—the “new stock god”—“called the green harmonic timing too late” and questioned whether his target was to guide followers to “buy at the top.”
“New Stock God” Serenity and Garrett Jin are debating the timing for entering the A-share robotics track. Serenity previously posted on platform X, stating that humanoid robotics is the most favored Chinese listed target, but Garrett Jin, the proxy for the “1011 Insider Whale,” believes it is now too late to call it out, suggesting Serenity might be trying to get followers to buy at the top. This morning, Serenity made the first call for A-share stock “Leaderdrive,” and its share price has already hit the daily limit (20%).
Odaily News, according to Onchain Lens monitoring, as the Bitcoin price fell below $63,000, the floating loss on the 5x BTC long position of whale Garrett Jin (the proxy of the “1011 Insider Whale”) has now exceeded $17 million.
According to Lookonchain monitoring, "1011 Insider Whale" Garrett Jin transferred a total of 577,700 ETH to Binance between May 6 and 10, worth approximately $1.35 billion, with an average transfer price of around $2,337.Data shows that since the completion of the above transfers, the price of ETH has cumulative dropped by more than 20%.
Odaily reports: The 5x long position of 1,268 BTC held by Garrett Jin, the agent of the “1011 Insider Whale,” currently has an unrealized loss exceeding $11.5 million.