A wallet associated with Garrett (@GarrettBullish) has executed significant cryptocurrency transactions, raising speculation about his return to active trading. The wallet deposited $39.5 million in USDC into Binance and subsequently withdrew $40 million USDC into a previously inactive wallet. Additionally, $10 million USDC was deposited into HyperLiquid, where 42,524 HYPE tokens worth $2.3 million were purchased. The wallet also opened a 504.4 BTC long position with 5x leverage, valued at $39 million. Currently, the wallet retains $30 million on-chain, with potential further deposits into HyperLiquid anticipated.
Wallet Linked to Garrett Moves $40M in USDC, Opens Major BTC Position
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