BitForex Founder Garrett Jin Takes $2.83M Profit on HYPE, Moves Into UNI

Garrett Jin, the founder of BitForex, has fully exited his 184,102 HYPE token position, valued at roughly $13.55 million. The tokens were sold at an average price of about $73.6, generating an estimated profit of $2.83 million.

After completing the sale, he redirected capital into a new long position in Uniswap (UNI), marking a shift in his portfolio allocation.

Meanwhile, his broader exposure to the crypto market remains substantial, with long positions including 1,268 BTC valued at approximately $83.39 million, 50,013 ZEC valued at approximately $25.2 million, and 80,000 UNI valued at approximately $271,000.

Source: Lookonchain