TechFlow News: On May 11, according to on-chain analytics platform Lookonchain (@lookonchain), Garrett Jin (#BitcoinOG1011short) deposited his remaining 225,627 ETH (approximately $528.19 million) into Binance. This brings his total ETH deposits into Binance over the past four days to 577,896 ETH, valued at roughly $1.35 billion. Data shows that most of this ETH was acquired eight months ago via BTC exchanges, when ETH was trading at approximately $4,591; based on current prices, his unrealized loss is estimated at around $1.3 billion.
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