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$BTC $1B DUMP ALERT: Whale “Garrett Jin” Exits in Size? 🐋
The on-chain scanners are lighting up! 🚨 A wallet linked to the high-profile whale “Garrett Jin” (the "BTC OG Insider") has reportedly moved significant volume to exchanges. Recent tracking shows over 5,000 BTC (approx. $350M) and hundreds of thousands of
$ETH hitting platforms like Binance. 📉
When a wallet known for pulling massive nine-figure wins from single trades starts shifting funds to exchanges, the market stops to watch.
🔍 Why This Matters:
Liquidity Test: Large exchange deposits usually signal an intent to sell or rebalance. If this is a liquidation, we could see a major test of current support levels. 📉
Smart Money De-risking: This wallet is famously linked to the trader who shorted the market perfectly before major crashes in late 2025. Is this another "insider" move ahead of macro volatility? 🧐
The "Holding" Reality: Despite the massive transfers, on-chain data shows this entity still holds over 30,000 BTC (worth over $2B). This might be a tactical profit-taking move rather than a total exit. 💰
⚠️ What to Watch For:
Big capital doesn't move without a plan. Whether this is a strategic rotation or a warning of a broader unwind, the next few sessions are likely to be high-volatility zones. 🌪️
Is the "Smart Money" jumping ship, or just taking a well-earned win?
Stay alert and watch the order books! 📊
#Write2Earn #Bitcoin #CryptoWhale