Garret Jin Further Increases Position in HYPE, with Total Holdings Exceeding $108 million

June 18: According to monitoring by ai_9684xtpa, Ethereum has declined again amid Fed Chair Jerome Powell’s hawkish remarks. A large Ethereum address that entered a position in 2024 (correcting the obvious typo of "1989" – Ethereum did not exist in 1989) with 5,972 ETH is suspected to have liquidated its holdings. Roughly 9 hours ago, this address deposited ETH worth approximately $10.59 million into Binance, at an average price of about $1,774. The position was established between March 27 and 28, and the holder exited after holding for nearly three months. Based on current Ethereum pricing, the total loss on this transaction is estimated at around $1.287 million. Historical holdings and transfer records for this address indicate that the holder has mostly completed a phased exit strategy.

On June 18, SK Hynix announced it has supplied samples of its 12-layer HBM4E to key customers, according to Securities Times. This next-generation ultra-high-performance DRAM is built for artificial intelligence (AI), featuring a maximum pin speed of 16 Gbps, over 20% improved energy efficiency, and enhanced data processing capabilities to support AI training and inference.

**June 18 Update: OKX to Gradually Launch RE Trading & Derivatives** OKX announced in an official statement on June 18 that it will roll out RE (Re) trading and derivative products in phases between June 18 and June 19. RE/USDT spot trading will go live at 22:00 (UTC+8) on June 18, with pre-market contracts being converted to standard perpetual contracts within three hours after the spot trading opens.

June 18: Per official sources, trade.xyz has rolled out MINIMAX contract trading, supporting up to 10x leverage.

June 18, according to Bitget market data: South Korea’s KOSPI index rose 0.83%. Intraday, Hynix surged 3.73% and Samsung gained 1.23%.

June 18 — According to OnchainLens’ monitoring, Arthur Hayes bought 1,500 ETH from Cumberland for approximately $2.63 million, and he may continue growing his position in the future.