BlockBeats News, October 12th, On-chain detective ZachXBT posted that “There are still too many unknown factors in the high-profile ETH whale identity event, and I cannot reach a conclusion that I am willing to publish. All the posts currently under scrutiny are actually exaggerated versions of immature theories.”
The known situation is: Garrett Jin / Exe appears to have started cooperating with a Chinese whale who previously had funds in the double digits on-chain that had been dormant until recently.
Previously reported, CZ retweeted a tweet today from on-chain detective Eye disclosing information about the “high-profile ETH whale’s BTC whale identity exposure: suspected to be former BitForex CEO Garrett Jin” and stated, “Uncertain about the authenticity, hoping someone can help cross-validate.”
On-chain analyst MLM expressed his opinion on the timing of this exposure, saying, “I think it might really be him, but the question is — why did he publicly expose his identity using ENS?” Lookonchain stated, “Liquid Capital (formerly LD Capital) founder Yi Lihua may be aware. The wallet 0x52d3, which transferred ETH to a Bitcoin ancient address to pay for gas fees, also transferred 1.31 million USDC to Yi Lihua’s Binance deposit address under Trend Research.”
