A major Bitcoin holder known as Garrett Jin has once again moved a large amount of Bitcoin to a centralized exchange. According to the latest on-chain data, the whale deposited a significant volume of BTC into Binance, drawing attention across the crypto market.
Garrett Jin Moves 5,000 BTC to Binance
On-chain tracking data shows that Garrett Jin (#BitcoinOG1011short) has deposited 5,000 BTC into Binance (20 Feb, 2026 13:20:52 UTC). The total value of this transaction is estimated at approximately $335.75 million based on the reported figures.
Watch Garrett Jin(#BitcoinOG1011short) — he’s dumping $BTC again!
He just deposited another 5,000 $BTC($335.75M) into #Binance. https://t.co/LyveMqUKoj pic.twitter.com/icf8h6oEZA
— Lookonchain (@lookonchain) February 20, 2026
This latest transfer highlights continued activity from the well-known Bitcoin whale, who has previously been observed making large deposits of BTC to exchanges.
Key Transaction Details
The following table summarizes the important data from the transaction:
| Detail | Information |
|---|---|
| Whale Name | Garrett Jin |
| Wallet Tag | #BitcoinOG1011short |
| Asset | Bitcoin (BTC) |
| Amount Deposited | 5,000 BTC |
| Estimated Value | $335.75 million |
| Destination | Binance |
On-Chain Activity Draws Market Attention
Large Bitcoin transfers to exchanges are often closely monitored by market participants, as they may signal potential changes in liquidity or trading activity. In this case, the size of the transaction has drawn significant attention due to the scale and the identity of the wallet involved.
Garrett Jin has previously been tracked for large BTC movements, making this transfer another notable event in whale activity monitoring.
Exchange Deposits Remain a Key Indicator
Blockchain data continues to play an important role in providing transparency in the cryptocurrency market. Transactions involving large holders are publicly visible and are frequently tracked by analysts, traders, and on-chain monitoring platforms. The latest 5,000 BTC transfer to Binance represents one of the notable large-scale movements recorded recently.
The deposit of 5,000 BTC worth $335.75 million by Garrett Jin (#BitcoinOG1011short) into Binance underscores ongoing large-scale Bitcoin whale activity. As on-chain monitoring remains a key part of the crypto ecosystem, such transactions continue to attract attention from market observers. This latest whale transfer follows a recent institutional move in which BlackRock transferred 2,563 BTC and 49,852 ETH to Coinbase.
Latest Update on Bitcoin OG Transfers (Feb 20, 2026 at 17:16 UTC)
Just In: The #Bitcoin OG (10/11) again deposit 6,318 $BTC worth $424.86M into #Binance.
In total it has deposited 11,318 $BTC worth $760.61M into #Binance https://t.co/qCA7RFFCPW pic.twitter.com/2CyfIuTTRX
— Onchain Lens (@OnchainLens) February 20, 2026
Update (Feb 20, 2026): A long-term Bitcoin holder, often called a “Bitcoin OG,” has deposited another 6,318 BTC worth $424.86 million into Binance at 17:16 UTC.
| Time (UTC) | Asset | Amount (BTC) | Value (USD) | Destination |
|---|---|---|---|---|
| 13:20 UTC | $BTC | 5,000 | $335.75M | Binance |
| 17:16 UTC | $BTC | 6,318 | $424.86M | Binance |
| Total | $BTC | 11,318 | $760.61M | Binance |
With this latest transfer, the wallet’s total recent deposits into Binance have reached 11,318 BTC valued at approximately $760.61 million.
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