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Trader Garrett Jin sells $13.5M in HYPE, shifts to Uniswap's UNI, holding $83M BTC and $25M ZEC longs

Market News
17 Jun 2026
Bitcoin
View Source
Bullish
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Trader Garrett Jin, linked to former Bitforex, sold his entire 184,102 HYPE tokens for about $13.55 million, securing a $2.83 million profit. He then rotated into a long position on Uniswap's UNI token, while maintaining significant holdings of 1,268 BTC (~$83.39M) and 50,013 ZEC (~$25.2M). This move comes as HYPE hit all-time highs and UNI topped Coingecko's most-searched list, reflecting a strategic profit-taking and market rotation by a major trader. The shift highlights how large investors are actively moving between trending crypto assets amid changing market narratives.

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