Over $1B in Bitcoin and Ethereum was transferred to exchanges from a wallet linked to Garret Jin. The same wallet recorded a $250M profit from a single trade duringOver $1B in Bitcoin and Ethereum was transferred to exchanges from a wallet linked to Garret Jin. The same wallet recorded a $250M profit from a single trade during

Trump Insider Garret Jin Sells $1B in Bitcoin and Ethereum

2026/02/16 00:45
3 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
  • Over $1B in Bitcoin and Ethereum was transferred to exchanges from a wallet linked to Garret Jin.
  • The same wallet recorded a $250M profit from a single trade during October’s crypto rally.
  • Large BTC and ETH sales led to short-term price volatility across major crypto exchanges.

A cryptocurrency wallet linked by online analysts to Garret Jin has moved more than $1 billion in Bitcoin and Ethereum. The activity has drawn attention due to the scale of the transactions and the wallet’s prior trading record.

Over $1 Billion in Bitcoin and Ethereum Sold

Blockchain tracking platforms show that large amounts of Bitcoin and Ethereum were transferred to exchanges. The total estimated value of the assets sold exceeds $1 billion at recent market prices. The transactions were executed over a short time frame.

Data indicates that the sales included both Bitcoin and Ethereum holdings. Market observers noted increased spot market activity during the transfers. Exchange order books absorbed the volume without reported disruption.

The wallet involved has been widely discussed on social media. Some traders have linked it to Garret Jin, who is described online as having connections within President Donald Trump’s circle. No official statement has confirmed the identity of the wallet holder.

Previous Trading Record Draws Attention

The same wallet previously recorded a large profit in October. On-chain data shows a trade that generated more than $250 million during a strong market rally. That transaction contributed to the wallet’s reputation among online trading communities.

Social media users have described the wallet as having a “100% win rate.” However, there is no verified public audit of its complete trading history. Performance claims are based on publicly visible transactions.

The October trade occurred during a period of rapid price appreciation. The recent liquidation contrasts with earlier bullish positioning. Analysts are monitoring whether additional transfers follow.

Market Reaction and Ongoing Monitoring

Bitcoin and Ethereum prices showed short-term volatility following the reported sales. However, broader market structure remained intact. Trading volumes increased across major exchanges during the period.

Market participants are watching the wallet for further activity. Large transfers to exchanges are often tracked as potential selling signals. At present, no additional billion-dollar transactions have been confirmed.

The reported liquidation has fueled discussion within crypto markets. Traders continue to monitor blockchain data for confirmation of future movements. For now, the focus remains on the scale of the sales and their timing within current market conditions.

The post Trump Insider Garret Jin Sells $1B in Bitcoin and Ethereum appeared first on Live Bitcoin News.

Opportunità di mercato
Logo OFFICIAL TRUMP
Valore OFFICIAL TRUMP (TRUMP)
$2.883
$2.883$2.883
+0.83%
USD
Grafico dei prezzi in tempo reale di OFFICIAL TRUMP (TRUMP)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!