TechFlow news, October 13 — Garrett Jin, the BTC whale who previously made headlines for swapping into ETH, responded on his personal X account to market rumors with the following statement: "Hi CZ, thanks for sharing my personal information. To clarify, I have no connection whatsoever with the Trump family or Donald Trump Jr. — this is not insider trading. This fund does not belong to me — it belongs to my clients; we run nodes for them and provide internal research and insights. I'd like to briefly share three points: first, I'll explain our bearish view that we previously published; second, my thoughts on the 1011 incident; and third, how I believe the entire industry can do better."
Earlier reports indicated that analysts speculated the whale who sold over $4.23 billion worth of BTC to swap into ETH might be linked to Garrett Jin, former executive of a cryptocurrency exchange.
