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Reading: Prime Dealer Closes $13.55M HYPE Place, Locks In $2.83M Revenue and Rotates Into UNI
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News

Prime Dealer Closes $13.55M HYPE Place, Locks In $2.83M Revenue and Rotates Into UNI

Editor
Last updated: June 17, 2026 6:23 pm
Editor
Published: June 17, 2026
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Prime Dealer Closes .55M HYPE Place, Locks In .83M Revenue and Rotates Into UNI


Contents
  • HYPE Reaches New All-Time Excessive Earlier than Exit
  • UNI Attracts Consideration After $100 Value Forecast
  • ZEC Surges Whereas Bitcoin Faces Weak spot

Crypto dealer Garrett Jin (@GarrettBullish) has exited his complete place in Hyperliquid’s HYPE token. 

In line with Lookonchain, he bought 184,102 HYPE price about $13.55 million at a mean worth of roughly $73.60. Notably, the commerce generated a revenue of round $2.83 million.

After closing the HYPE place, Jin opened a protracted place in Uniswap’s UNI token. He additionally continues to carry sizable lengthy positions in Bitcoin and Zcash.

His present portfolio features a lengthy place of 1,268 BTC valued at roughly $83.39 million, 50,013 ZEC price about $25.2 million, and 80,000 UNI valued at roughly $271,000.

HYPE Reaches New All-Time Excessive Earlier than Exit

Jin’s sale got here after a robust rally in Hyperliquid’s HYPE token. In line with CoinMarketCap information, HYPE is buying and selling at $72.63, up 30% over the previous week. Earlier this month, the token dropped to round $52 earlier than staging a pointy rebound.

On Tuesday, HYPE reached a brand new all-time excessive of $76.85. The token has gained about 60% over the previous month.

The timing of Jin’s exit suggests he took benefit of the report rally and locked in hundreds of thousands of {dollars} in revenue.

UNI Attracts Consideration After $100 Value Forecast

Following the HYPE sale, Jin elevated his publicity to Uniswap’s UNI token. UNI is at present buying and selling at $3.63, up 23% previously 24 hours and 48% during the last seven days. Regardless of the current rally, the token stays about 92% beneath its all-time excessive of $45.

A part of UNI’s momentum has been pushed by bullish forecasts from Customary Chartered. The financial institution not too long ago predicted UNI might attain $100 by 2030, implying almost 40x upside from present costs.

The forecast has renewed investor curiosity within the decentralized alternate token and could also be encouraging merchants to rotate capital into UNI.

ZEC Surges Whereas Bitcoin Faces Weak spot

Jin can also be sustaining a big lengthy place in Zcash. ZEC is buying and selling at $507 after rising 21% over the previous week. Earlier this month, the privacy-focused cryptocurrency fell to round $250 earlier than rebounding greater than 100%.

Over the previous 12 months, ZEC has gained roughly 1,105%. Even so, it stays about 91% beneath its all-time excessive.

In the meantime, Bitcoin is buying and selling at $64,800, down 2.48% over the previous 24 hours. Regardless of the each day decline, BTC stays up 6% over the previous week.

Bitcoin has struggled over longer time frames. The asset is down 16% over the previous month and 39% over the previous 12 months. After reaching an all-time excessive of $126,200 in October 2025, BTC now trades about 49% beneath that peak.

Regardless of the current weak spot, Customary Chartered stays optimistic on Bitcoin’s long-term outlook. The financial institution expects BTC to reclaim $100,000 later this 12 months, rise to $200,000 in 2027, and finally attain $500,000 by 2030.

DisClamier: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article could embrace the writer’s private opinions and don’t mirror The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Primary is just not answerable for any monetary losses.



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Reading: Prime Dealer Closes $13.55M HYPE Place, Locks In $2.83M Revenue and Rotates Into UNI
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