"1011 Insider Whale" Transferred $1.35 Billion in ETH to Binance, After Which ETH Dropped Over 20%

Odaily Planet Daily News: According to Lookonchain monitoring, 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 shows that since the completion of the above transfer, the price of ETH has dropped by more than 20%.