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

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

ETHUSDT

دائم

2,192.37

+0.74%

ETH

2,193.53

+0.77%