Crypto analysts are buzzing after a blockchain researcher named Eye linked the mysterious Hyperliquid whale, known for its vast holdings of over 100,000 BTC, to Garrett Jin, former CEO of the now-defunct exchange BitForex. This connection arises from a detailed analysis using the Ethereum Name Service (ENS) domain ereignis.eth, which correlates with a related handle and ties directly to Jin’s verified Twitter account (@GarrettBullish). 6/ The researcher further connects activity from this wallet to Jin’s past trading patterns, including transfers to staking contracts, interactions with Huobi-affiliated addresses, and transactions linked to BitForex accounts. This same wallet reportedly sent a significant sum to Binance, used for large Bitcoin trades during the recent market crash, worth $735 million. 🕵️♀️ Investigating the ereignis.eth address reveals it has another ENS name, garrettjin.eth, which points to Jin’s verified X account. BitForex and Jin’s Troubled Past: Garrett Jin served as BitForex CEO from 2017 to 2020, during a period marked by accusations of inflated trading volumes and license violations by Japan’s Financial Services Agency. Following his departure, BitForex faced more severe issues, including $57 million vanishing from hot wallets and the platform’s closure in 2024 after arrests of several team members in China. Jin then founded various ventures such as WaveLabs VC, TanglePay, IotaBee, and GroupFi, but many have since become inactive. He recently launched XHash.com, a staking platform for institutional clients, which Eye’s report suggests may have been used to process suspicious funds. Jin has since removed all references to XHash on his social media. The community is divided. Crypto analyst Quinten François finds the link too simple, suggesting that it wouldn’t be feasible for someone manipulating markets to use their verified social media handle in this way. However, Eye’s report raises new questions about the Hyperliquid whale’s identity and whether one of crypto’s most controversial figures could now be orchestrating large-scale leveraged trades in the market.