Crypto Trader Garret Jin Exploits Trump Tariff News to Rake in $160 Million

Crypto trader Garret Jin profited handsomely from shorting Bitcoin (BTC) and Ethereum (ETH) before President Trump’s announcement of China tariffs. His successful trade, totaling over $160 million, was executed ahead of the tariff news and resulted in substantial liquidations across various altcoins including SOL, DOGE, and XRP. Jin attributes this feat to comprehensive market analysis rather than any insider connections. 2.5 billion USD in positions were reportedly used for these trades, according to reports. 30% of his trading activity occurred on the Hyperliquid DEX.