BlockBeats News, June 3rd, according to LookIntoChain's monitoring, trader Garrett Jin deposited a total of 577,717 ETH to Binance between May 6th and May 10th. Calculated at an average price of $2,337 at the time, the total value was approximately $13.5 billion.

After completing the large transaction, ETH began a continuous pullback, followed by a price drop of over 20%. Based on the current price of around $1,840, the value of the ETH he transferred out has decreased by approximately $290 million compared to the time of the transfer.