Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days

<img width="768" height="432" src="https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-768x432.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="" style="float:left; margin:0 15px 15px 0;" decoding="async" fetchpriority="high" srcset="https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2026/05/bitforex-founder-garrett-jin-deposits-1-35b-in-eth-to-binance-in-4-days.jpg 1280w" sizes="(max-width: 768px) 100vw, 768px" />A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […] Read Entire Article

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