TechFlow news, October 14 — According to on-chain analyst Ai Auntie (@ai_9684xtpa), BTC price has dropped below $112,000. The ancient whale who previously made a high-profile move to swap BTC into ETH now holds an unrealized profit exceeding $16.9 million.
Previous report, analysts indicated that the address which began swapping over 35,000 BTC into ETH starting in August, and the address that opened over $1.1 billion in short positions on BTC and ETH before the October 11 crash—earning more than $80 million—is linked to Garrett Jin, former executive at a major exchange. On-chain investigator Eye suggested that Garrett Jin may only be an agent, with the true masterminds possibly being two co-founders of WLFI.
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