Analysis: Garrett Bullish, formerly of BitForex, still holds 46,295 BTC
according to on-chain analyst Ai Yi's monitoring, the identities of the "high-profile $ETH switcher and ancient whale of $BTC" and the "1011 flash crash short seller with profits exceeding 80 million whales" are suspected to be Garrett Bullish. Since August, he has switched over 35,000 BTC to ETH in a high-profile manner; before the 1011 flash crash, he opened short positions exceeding 1.1 billion US dollars in BTC and ETH, making profits exceeding 80 million US dollars in 24 hours.
The 570,000 ETH obtained from the switch were all deposited into the Ethereum beacon chain deposit contract, with the source of funds and the first interactant of the deposit contract deployment address being ereignis.eth; and the address that opened the short position before the flash crash had interacted with the ENS domain name two weeks ago; the owner of ereignis.eth has another domain name garrettjin.eth, which directly points to Garrett Bullish. In addition, his X account is followed by the founder of Hyperunit.
Information shows that Garrett Bullish graduated from Boston University with a major in economics, and his work experience includes China Construction Bank (intern) / HTX (COO) / medical platform FuLang Medical Germany GmbH (co-founder). He is also a serial entrepreneur, with interests in areas such as wallets / DEX / social networks.
The exchange BitForex, where he once worked, suffered a loss of approximately 57 million US dollars due to a hot wallet private key leak in 2024, and subsequently ceased operations. If speculation is true, he currently still holds 46,295 BTC, worth over 5.19 billion US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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