Garrett Jin Deposits 108K ETH to Binance
Garrett Jin dumps another 108,169 ETH ($250M) into Binance, totaling 352K ETH ($824M) in 3 days amid bearish ETH trends at $2307.
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Whale watcher Lookonchain reports that Garrett Jin, known as #BitcoinOG1011short, just deposited another 108,169 $ETH valued at $250.17 million into Binance within the past hour, pushing his three-day total to 352,268 $ETH worth $824 million while he still holds 225,449 $ETH at $520 million.
On the 4-hour ETH chart, price action clings to $2307.24 in a bearish structure where the EMA50 at $2322.49 acts as immediate overhead resistance and the EMA200 at $2268.21 provides firm long-term support below. Momentum sits neutral with RSI at 45.56, but MACD flashes a bullish golden cross at -8.51, hinting at potential upside reversal. Volatility squeezes inside the Bollinger Bands, with upper resistance at $2382.08 capping rallies and lower support at $2255.13 likely to catch any dips—watch for confluence here as price tests the band midpoint, setting up a probable bounce toward EMA50 before broader ETH price prediction trends play out in this volatile crypto market environment, especially with Bitcoin hype influencing altcoin flows.
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