No confirmed sale is shown in the provided sources: reports say wallets linked to Garrett Jin deposited 577,896 ETH, about $1.35 billion, to Binance over four days. The key distinction: on chain data can show ETH moving to Binance, but the sources provided do not show Binance trade executions or a full post deposit...

Create a landscape editorial hero image for this Studio Global article: Did Garrett Jin actually sell the 577,896 ETH after depositing it to Binance, or is this just a whale transfer that traders are interpreting. Article summary: There is no confirmed evidence in the provided sources that Garrett Jin actually sold the 577,896 ETH after depositing it to Binance. The verified on-chain claim is that wallets linked to him deposited/transferred the ET. Topic tags: general, general web. Reference image context from search candidates: Reference image 1: visual subject "EUR/GBP Exchange Rate Surges as Bank of England Rate Hike Expectations Intensify – Market Analysis" source context "whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance. | MEXC News" Reference image 2: visual subject "whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance. ... Ethereum Fou
On the available evidence, the cleanest conclusion is narrow: wallets reported as linked to Garrett Jin sent a very large amount of ETH to Binance, but the provided sources do not prove that the ETH was sold after it arrived. In market terms, this is a confirmed exchange inflow and a plausible sell-pressure signal — not a confirmed 577,896 ETH dump [19][
20][
21][
31].
Multiple Lookonchain-linked reports say Garrett Jin deposited his remaining 225,627 ETH, worth roughly $528 million, into Binance, bringing the four-day total to 577,896 ETH, or about $1.35 billion [20][
21]. A MEXC report similarly says a wallet linked to Garrett Jin, also known as @GarrettBullish and described there as a former BitForex CEO, moved about 577,000 ETH to Binance over the past few days, with the latest 225,627 ETH transaction hitting Binance .
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No confirmed sale is shown in the provided sources: reports say wallets linked to Garrett Jin deposited 577,896 ETH, about $1.35 billion, to Binance over four days.
No confirmed sale is shown in the provided sources: reports say wallets linked to Garrett Jin deposited 577,896 ETH, about $1.35 billion, to Binance over four days. The key distinction: on chain data can show ETH moving to Binance, but the sources provided do not show Binance trade executions or a full post deposit conversion.
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Open related pageEthereum Faces Whale Pressure as Binance Deposits Hit $178 M ... Onchain Lens said that Garrett Jin deposited 78,077 ETH, worth about $177.92 million, into Binance. Crypto Rover called the latest Binance deposit bearish and cited the prior ETH drop. Lookonc...
- Onchain Lens said that Garrett Jin deposited 78,077 ETH, worth about $177.92 million, into Binance. - Crypto Rover called the latest Binance deposit bearish and cited the prior ETH drop. - Lookonchain said a whale linked to Erik Voorhees bought 2,920 ETH...
The mystery behind the large Bitcoin transfer to Binance has just been solved as the notorious whale Garrett Jin begins to realize his profits. ... 🔸 Garrett Jin, known by the nickname "Bitcoin OG 10/11," has just executed a withdrawal of $53.12 million US...
A big whale’s Binance inflow has rattled the market — but shrinking exchange reserves tell a more nuanced story that could prove constructive for Ethereum over the medium term. What happened - On Feb. 15, 2026, on-chain sleuthing by LookOnChain/X revealed t...
That total appears to be the end of a larger sequence of reported deposits. Earlier coverage identified a 166,023 ETH transfer, valued around $394 million, from an address believed to be linked to Jin, followed by a separate 78,077 ETH deposit worth about $177.92 million [17][
18][
25]. Lookonchain profile snippets also described an interim 108,169 ETH deposit before the final 225,627 ETH transfer [
31][
33].
The important detail is the language: these reports describe ETH being “deposited,” “moved,” “transferred,” or “sent” to Binance [19][
20][
21][
31]. Those words support the claim that ETH reached a centralized exchange. They do not, by themselves, prove the ETH was sold.
An exchange deposit means ETH moved into a Binance-linked deposit flow. The provided sources do not include Binance order-history data, executed trades, or a complete post-deposit conversion showing that the full 577,896 ETH was sold after reaching the exchange [19][
20][
21][
31].
So the evidence-backed wording is:
That distinction matters because crypto headlines often compress “moved to an exchange” into “dumped” or “sold,” even when the underlying on-chain event is only a transfer.
The market reaction is still understandable. Large deposits to a centralized exchange can make coins available for sale or other liquidity use, so traders often treat them as a bearish risk signal.
Some coverage of Jin-linked ETH movements explicitly framed the deposits this way. CryptoRank said a 166,023 ETH deposit to Binance raised sell/liquidation risk and created a potential market overhang [17]. Other coverage said traders were watching exchange inflows after a 78,077 ETH Binance deposit, with at least one trader source calling the move bearish [
1][
2].
That is a risk interpretation, not proof of execution. A large CEX inflow can signal possible selling, but it is not the same as evidence that a sale has already happened.
The confusion is partly caused by stronger wording around related activity. One February Binance Square snippet said a $53.12 million USDT withdrawal was believed to come from the sale of part of 5,000 BTC that had previously been moved to Binance [5]. Other February reports said Jin moved or deposited 261,024 ETH to Binance and framed the action as sell-side preparation or “started selling,” even though the cited on-chain event was still the ETH deposit to Binance [
8][
37][
39][
40].
That prior context may explain why traders are suspicious of the later 577,896 ETH inflow. It still does not confirm that the full May ETH deposit was executed as a sale [19][
20][
21][
31].
To move from “potential sell pressure” to “confirmed sale,” the evidence would need to show something beyond the deposit itself — for example, reliable execution data, a verified post-deposit conversion, or a clear report tying withdrawals or balances to the sale of that specific ETH amount.
None of that appears in the provided source set for the full 577,896 ETH. The strongest evidence-based verdict remains: confirmed large Binance inflow; unconfirmed ETH sale [19][
20][
21][
31].
- Onchain Lens traced a transfer of 166,023 ETH ( $394M) from a wallet believed linked to BitForex founder Garrett Jin to Binance. - The wallet still holds 381,695 ETH ( $900M); moving large amounts to a major CEX raises sell/liquidation risk and potential...
On-chain data reveals that a wallet address linked to Garrett Jin, the founder of the now-defunct cryptocurrency exchange BitForex and a known early Bitcoin adopter, has moved a substantial amount of Ethereum. According to the blockchain tracking service On...
Garrett Jin-linked wallet sends $1.35B in ETH to Binance as ETF outflows pile on ... A crypto wallet linked to Garrett Jin (also known as @GarrettBullish on X), former BitForex CEO, has moved about 577,000 ETH ($1.35 billion) to Binance over the past few da...
According to Foresight News, Lookonchain is tracking that Garrett Jin has deposited the remaining 225,627 ETH into Binance, worth around $528 million. Within 4 days, he has cumulatively deposited 577,896 ETH (about $1.35 billion) into Binance. Most of these...
PANews May 11 news, according to Lookonchain monitoring, "Whale 1011" agent Garrett Jin has deposited his remaining 225,627 ETH (worth $528.19 million) into Binance. In just 4 days, he has deposited a total of 577,896 ETH ($1.35 billion) into Binance. Most...
An address believed to belong to BitForex founder Garrett Jin deposited 166,023 ETH, worth approximately $394 million, into Binance a short time ago, according to analysis from Onchain Lens. Following the transfer, the address now holds 381,695 ETH, worth a...
Garrett Jin( BitcoinOG1011short) has deposited his remaining 225,627 $Ethereum (ETH.CC)$($528.19M) into Binance. In just 4 days, he deposited all 577,896 $Ethereum (ETH.CC)$($1.35B) into Binance. Most of these $Ethereum (ETH.CC)$ were swapped from $Bitcoin...
-- ... Garrett Jin( BitcoinOG1011short) deposited another 108,169 $ETH(250.17M) into Binance in the past hour. Over the past 3 days, Garrett Jin has deposited 244,100 $ETH($573.8M) into Binance and still holds 225,449 $ETH($520M). ... -- Garrett Jin( Bitcoi...
Garrett Jin Address Sells ETH Again, Deposits Over 260,000 ETH to CEX ... Odaily News According to Lookonchain monitoring, the address of "BTC OG insider whale" agent Garrett Jin has started selling ETH again, having just deposited 261,024 ETH (approximatel...
BTC OG insider whale has sold ETH again, depositing over 260,000 ETH to CEX ... According to monitoring by lookonchain, BTC OG insider whale agent Garrett Jin's address has started to sell ETH again: he just deposited 261,024 ETH (approximately $543 million...
Data: "BTC OG insider whale" has deposited over 260,000 ETH to CEX According to monitoring by lookonchain, BTC OG insider whale agent Garrett Jin's address has started to sell ETH again: he has just deposited 261,024 ETH (approximately 543 million USD) to B...