The sharp decline in Bitcoin and altcoins on Friday night was thought to have begun after US President Donald Trump announced steep tariffs on China. However, recent allegations suggest that the move may actually have been an orchestrated attack on 0 trading pairs on Binance experienced abnormally deep price declines compared to other 1 is considered a technically challenging 2 attacker allegedly exploited vulnerabilities in the BNSOL/WBETH price oracle and overleveraged positions in the USDe stablecoin, simultaneously opening a large short position on the Hyperliquid 3 founder Changpeng Zhao (CZ) shared the following on the subject: “I'm not sure about its validity.
I hope someone can verify it.” According to research shared within the crypto community, a mysterious figure known as the Hyperliquid/Hyperunit whale is behind this 4 individual is reportedly holding over 100,000 BTC and recently sold $4.23 billion worth of BTC to acquire ETH. It's also alleged that the same address, believed to be the same individual, also opened a massive $735 million Bitcoin short position. On-chain data revealed that the individual was associated with the Ethereum address ereignis. eth, which used 5 as its 6 information focused investigators' attention on Garrett 7 Garrett Jin’s background is examined, it is seen that he founded a company called Da Yo Trading (HK) in 2012, served as the Director of Operations at the Huobi (HTX) stock exchange until 2015, and later started a venture called FuLang Medical GmbH in 8 News: Legendary Author Robert Kiyosaki Gives the Red Alert - “It Will Happen This Year” - Surprisingly Points to Ethereum Most notably, Jin served as CEO of the BitForex exchange between 2017 and 9 was in the news due to accusations of volume manipulation and suffered a $57 million loss when its hot wallets were hacked in 10 the incident, the exchange became inaccessible, user funds were frozen, and company employees were reportedly detained by Chinese 11 to research, the Bitcoin addresses used by the whale in question are linked to funds withdrawn from HTX, OKX, ViaBTC, Bixin, and Binance exchanges 7-8 years 12 reinforces suspicions that funds linked to BitForex and Huobi are being 13 Jin is also reportedly the founder of the institutional staking platform XHash, which some analysts have claimed could “legitimize funds from questionable sources.” While the allegations remain unconfirmed, the coordinated sell-off in the crypto market that began just before Trump’s statement and the price anomalies on Binance suggest the incident may have been much more than just a market reaction. *This is not investment 14 Reading: EXCLUSIVE: Was the Latest Major Crash Actually an Attack on Binance?
CZ Makes a Statement, Deepening the Mystery
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