According to the latest data from blockchain monitoring platform lookonchain, on February 15, a mysterious entity linked to the 'BTC OG insider whale' began another major ETH sell-off.

The associated address, Garrett Jin, recently deposited 261,024 ETH into Binance. At current market prices, this amount is estimated to be as high as $543 million.

This move has sparked discussions within the crypto community, with analysts closely watching for further actions from this whale.