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BTCUSD Dips as Former BitForex CEO Linked to Massive Whale Selling and Shorting Activity

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The Story

News Summary

  • Investigators link Hyperliquid whale holding over 100,000 BTC to former BitForex CEO Garrett Jin amid suspected $56.5M exit scam.
  • The whale sold billions in BTC for ETH and opened large BTC short positions, fueling market uncertainty and regulatory scrutiny.
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BTCUSD price history

79230.00 +20.26% over the displayed period

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