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AccountantsAlsoGetInto

2026-05-22 04:41:01

39.5 million in, 40 million out, with an additional 39 million at 5x leverage; on-chain fund flows resemble a symphony.

View Original

CoinNetwork2026-05-20 23:23:25

CoinWorld News reports that on-chain monitoring shows a wallet associated with Garrett has recently transferred a large amount of funds: it deposited $39.5 million in USDC, withdrew $40 million in USDC to a previously dormant wallet, then deposited another $10 million in USDC, purchased 42,524 HYPE, valued at approximately $2.3 million, and opened a $39 million 504.4 BTC (5x leverage) long position. The wallet still holds about $30 million in assets on-chain and is expected to continue depositing.

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