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Suspected "1011 Flash Crash Short Selling Insider Address" manipulator speaks bullish, holding $693 million worth of long positions still losing $42.55 million
Deep Tide TechFlow News, December 19 — According to on-chain analyst Ai Aunt (@ai_9684xtpa), the suspected “1011 Flash Crash Shorting Insider Address” manipulator Garrett (@GarrettBullish) has spoken out again after two months, posting 8 tweets in a row expressing bullish views.
This address currently holds a long position worth $693 million, including 200,000 ETH (entry price $3,147.39) and BTC (entry price $91,506.7), with an overall position still showing a loss of $42.55 million.
Garrett stated that from a macro perspective, the bearish logic is collapsing, and there are no significant systemic risks in the US stock market; technically, he believes US stocks will fluctuate upward, and the probability that ETH will outperform the Nasdaq 100 index in the next few months is increasing. His first target prices are $106,000 for BTC and $4,500 for ETH.