Mystery Trader’s Massive Bitcoin Holdings Spark Market Concern

Cryptocurrency markets are buzzing with uncertainty following reports that former BitForex CEO Garrett Jin may be controlling over 100,000 BTC through a linked wallet on the Hyperliquid exchange. This revelation has triggered investigations and raised questions about potential market manipulation and its impact on Bitcoin and Ethereum prices. Market observers point to Jin’s past as CEO of BitForex, an exchange known for alleged fraud and market manipulation, adding fuel to concerns about similar disruptions in the crypto market.