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 ...