Bitcoin and Ethereum Under Pressure as Crypto Insider Garrett Jin Offloads Nearly $900 Million
The post Bitcoin and Ethereum Under Pressure as Crypto Insider Garrett Jin Offloads Nearly $900 Million appeared on BitcoinEthereumNews.com.
The Bitcoin and Ethereum market is now responding to high sell-side pressure as insider Bitcoin whale Garrett Jin keeps selling large chunks of his portfolio. After a liquidation event that shocked the world with $1 billion in crypto losses on February 6th, Jin has been selling off his holdings in large amounts, transferring hundreds of millions of dollars in digital assets to exchanges. 🚨 Insider Bitcoin whale Garrett Jin is dumping his $BTC and $ETH bags. Yesterday, he dumped over $350 million worth of BTC on Binance. Today, he deposited 261,000 ETH worth $545 million on Binance. Ever since he got liquidated for $250 MILLION, he has been exiting his bags. pic.twitter.com/UHRWlrZoHm — Ash Crypto (@AshCrypto) February 15, 2026 It was reported that he sold more than 350 million dollars in Bitcoin on Binance yesterday, and today, he transferred a 261,000 ETH deposit (about 545 million dollars). The fact that a big market player has just exited the market this quickly has been of interest to both traders and traders alike since big movements like this are usually the indicators of big changes in price action and market sentiment. Massive Institutional-Scale Dumps on Binance These transactions are so large that they would be considered uncommon even for high-net-worth whales. With over 1,700 transactions involving the transfer of nearly $900 million in BTC and ETH to Binance within 48 hours, Jin is creating a significant amount of overhead supply. When the investor puts this much crypto into an exchange, it is typically an indication that he or she is about to sell, and the price would soon fall unless the buying demand is high enough to absorb the volume. These actions seem like an immediate response to the prior liquidation of Jin to the tune of 250 million and could be…
Filed under: News - @ February 15, 2026 11:05 pm