Garrett Jin who shorted October 10th and walked away with 100 Million profit that day held his current position through a priced in drawdown that reached 80 Million just 2 weeks ago, now up 50 Million.

We renamed his Wallet Label from Insider Garrett Bullish to Shifu Garrett Bullish.

He explained his trade in a series of tweets https://x.com/GarrettBullish/status/2001892822459572520

The ETH/Nasdaq 100 ratio has repeatedly found a bottom around the 0.11 level, which coincides with RSI approaching the 30 “oversold” zone, ETH is in a bottoming range. Looking ahead, the probability of ETH outperforming the Nasdaq 100 over the coming months increases, with a ratio target in the 0.16 to 0.22 range, implying roughly 50 to 100% upside. Given ETH and Nasdaq 100 are highly correlated, large divergences are unlikely to persist. Mean reversion is inevitable, especially under scenarios such as a potential US QE restart, direct cash stimulus to households, and the broader policy backdrop where SEC Chair Atkins is accelerating the onchain migration of US equities onto Ethereum.

Correlation and pair stationarity is a traditional statistical arbitrage tool used in many larger firms, I also analyze these on https://wangr.com/analysis/correlation

His account is worth following on X, he also called the squeeze and shares interesting yet simple strategies:

Called the pump just now 5 hours in advance too. See the second image.
Though he hasn't set a target on the exchange. He tweeted a few weeks ago that he expects ETH around the 4.5k and Bitcoin around the 106k area. So I am guessing that are his TP levels.

He walks his talk, all his positions are visible and his orders too: https://wangr.com/watch/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae