Garrett Jin, a distinguished crypto dealer generally often called Bitcoin OG “1011short,” withdrew 80,000 Ethereum price roughly $168 million from Binance on Thursday, in response to on-chain knowledge.
The transfers came about throughout a market-wide selloff that pushed most crypto property decrease, with Bitcoin falling beneath $71,000 and Ethereum dropping beneath $2,100. The whole crypto market capitalization shed 6% to $2.4 trillion, per CoinGecko.
Heads up: Garrett Jin(#BitcoinOG1011short) has began shopping for again $ETH!
He simply withdrew 80,000 $ETH ($167.8M) from #Binance.https://t.co/LyveMqUKoj pic.twitter.com/K18mvT4aoj
— Lookonchain (@lookonchain) February 5, 2026
The transfer alerts a renewed curiosity in shopping for Ethereum, as Jin just lately deposited a big Ethereum holding into Binance beginning in late 2025, in response to Lookonchain. Giant transfers to exchanges are sometimes seen as potential promoting alerts.
BREAKING!
The #BitcoinOG(1011short) with a large $717M lengthy place in $BTC, $ETH, and $SOL, simply deposited 100,000 $ETH($292M) into #Binance.
Huge transfer — what is the play?https://t.co/LyveMqUKoj pic.twitter.com/jVHuQE6Q84
— Lookonchain (@lookonchain) December 24, 2025
Jin has gained widespread consideration for his on-chain strikes during times of maximum volatility. He’s greatest recognized for a $735 million Bitcoin quick on Hyperliquid that netted an estimated $160 million in revenue simply minutes earlier than a large market crash triggered by President Trump’s October 2025 tariff announcement.
The dealer’s pockets reveals that he nonetheless holds over 30,600 $BTC price over $2 billion.
