Cross-market whale rjgrant.eth, also identified as Geminae.Columbae, is holding about $38.1251 million in crypto long positions and remains up roughly $2.4902 million overall, according to TradingBeats. The account’s Hyperliquid book has seen profits narrow recently, with its largest position in BTC at about $27.3165 million, currently showing a floating loss of $626,800. LINK and ZEC positions remain in profit, while smaller HYPE and NIL holdings are slightly underwater.
The same account is also active on Polymarket, where it holds 1,600 "October Fed unchanged" Yes shares. Its average entry implied a 54% probability, compared with a current 83.5%. The position is now valued at $1,336, for an unrealized gain of $472. TradingBeats said the prediction-market trade has turned profitable as the odds of the Federal Reserve holding rates steady in October moved higher.
The report also pointed to recent U.S. labor data as macro context. On Oct. 2, the U.S. reported just 29,000 nonfarm payroll additions for September, while the unemployment rate stood at 4.2%. Payroll gains for July and August were revised down by a combined 60,000, a backdrop that has supported expectations for a pause in further rate hikes.
BlockBeats reported on Oct. 8 that, according to TradingBeats, cross-market whale rjgrant.eth, also known as Geminae.Columbae, is holding about $38.1251 million in crypto long positions, with total unrealized profit of roughly $2.4902 million.
Hyperliquid positions
The account’s long book on Hyperliquid has seen its unrealized profit narrow in recent days. Its main positions are BTC, LINK, ZEC, plus smaller exposure to HYPE and NIL.
- BTC: about $27.3165 million, with an unrealized loss of $626,800;
- LINK: about $5.7988 million, with an unrealized profit of $1.5721 million;
- ZEC: about $4.5276 million, with an unrealized profit of $1.5678 million;
- HYPE and NIL: about $482,200 combined, with an unrealized loss of about $23,000.
Polymarket bet on no October rate hike
On the prediction-market side, the account holds a Yes position on "Fed unchanged in October." TradingBeats said that trade has moved into profit as the implied probability climbed.
On Polymarket, the account holds 1,600 Yes shares on "October unchanged," with an average cost implying a 54% probability. The current probability is 83.5%. The position is valued at $1,336 and is showing an unrealized profit of $472.
Macro backdrop
As macro context, the report noted that U.S. nonfarm payrolls for September, released on Oct. 2, showed an increase of only 29,000 jobs. The unemployment rate was 4.2%, and payroll additions for July and August were revised down by a combined 60,000. Weak job growth has supported expectations that the Federal Reserve will pause further rate hikes.
Hyperliquid address: 0xdd7a372377fc633f74ab6e20963803d52f448830
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