Garrett Jin has now fully emptied his $ETH holdings into # .


The final 225,627 ETH worth roughly $528.19M was deposited recently, bringing the total exchange inflows over the past 4 days to a staggering 577,896 ETH , around $1.35B in total.
What makes this move even more brutal is the timing behind the original trade. Most of this ETH was reportedly rotated out of BTC about 8 months ago when ETH was trading near $4,591. With ETH now far below those levels, the position is estimated to be down roughly $1.3B.
One of the largest and most painful visible ETH rotations we’ve seen on-chain in a long time.
Address: 0xc47D0b74331Cf27d3BdcB6fa9A758731903F06C1
ETH-0.87%
BTC0.62%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin