According to Lookonchain, 13 wallets funded from Binance later consolidated assets into two new wallets, with activity timing that aligned with Garrett Jin’s reported large ETH and BTC sales.
Lookonchain said 13 wallets involved in a trade of 50.43 million aEthUSDT for 327 aEthAAVE may be linked to Garrett Jin. According to the analytics account, the wallets received USDC or USDT from Binance on Feb. 16 and Feb. 20, then consolidated the funds into two newly created wallets on March 13 before the reported swap. Lookonchain added that the timing matched Garrett Jin selling 261,024 ETH worth $543 million and 11,318 BTC worth $761 million.