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"1011 Insider Whale" Garrett Jin Unstakes 886,000 ETH, worth $4.07 billion
CoinVoice has learned that, according to Eye monitoring, “Insider Whale 1011” Garrett Jin participated in creating the Eth2Depositor (0x2F4) and EthBatchDepositor (0xE00) staking pools through his company XHash.com. Over four months, a total of 886,440 ETH (approximately $4.07 billion) was deposited into the aforementioned pools, with the funds coming from BTC sold in August and September on Hyperliquid and Hyperunit. Recently, all ETH has been unstaked from the pools. Hypercieve co-founder Jack Chen is also the founder of BTC mining pool SpiderPool.com. Jack Chen and Garrett Jin previously worked together from 2014 to 2016 at HTX operations. Jack Chen is one of the personnel managing approximately $10 billion in treasury funds.