Whale dumps final 225K ETH into Binance — $1.35B liquidated in 4 days at a $1.3B loss!

A whale tracked as Garrett Jin (@BitcoinOG1011short) has completed a massive four-day exit from Ethereum, depositing his remaining 225,627 ETH — worth approximately $528 million — into Binance. The full dump totals 577,896 ETH, or roughly $1.35 billion at current prices.

The position originated eight months ago when the whale converted Bitcoin into ETH at an average entry price of around $4,591. With ETH now trading well below that level, the realized loss on the trade stands at approximately $1.3 billion — one of the largest single-wallet ETH exits on record.

The scale and speed of the deposit — the entire stack moved to Binance in just four days — signals a clean exit rather than a rebalancing. Sustained sell pressure of this magnitude from a single address is a material bearish signal for near-term ETH price action.