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"1011 Insider Whale" Transferred $1.35 Billion in ETH to Binance; ETH Has Since Dropped Over 20%

2026-06-03 05:01

According to Odaily, Lookonchain monitoring shows that the "1011 Insider Whale" Garrett Jin transferred a total of 577,700 ETH (worth approximately $1.35 billion) to Binance between May 6 and May 10, with an average transfer price of around $2,337.

Data indicates that since the completion of the above transfers, the price of ETH has dropped by more than 20% in total.