Is it a coincidence that the trader who made $200 million also predicted the pardon of CZ?

On October 23rd, Binance founder Changpeng Zhao confirmed he had been pardoned by former US President Trump in a post on the X platform. Meanwhile, the news of Zhao's pardon sparked controversy within the trading community. Cryptocurrency trader Garrett Jin reportedly placed a bet on the prediction market Polymarket that Trump would pardon Zhao Changpeng this year. Data from blockchain analytics platform Arkham Intelligence shows that as the news spread, the bet grew from a small initial investment to approximately $56,000 in profit. Garrett is known in the crypto community for his ability to accurately time major market fluctuations. Earlier this month, he established significant short positions in Bitcoin and Ethereum on the Hyperliquid platform, shortly before Trump announced his new tariffs. As cryptocurrency prices plummeted within hours of the tariff announcement, these leveraged trades, valued at over $700 million, generated an estimated $160 million to $200 million in profits. The recurring pattern of "precisely timed trades," from shorting ahead of tariff announcements to profiting from bets ahead of pardon announcements, has reignited long-standing suspicions that he may have insider information within the presidential team. Garrett has vehemently denied any connection to the Trump family. Still, these two coincidental events reveal an increasingly apparent reality in the cryptocurrency industry: every policy change in Washington can have a direct impact on the market within seconds.