
AiCoin|3月 13, 2026 03:19
[Lookonchain Analysis Suggests Slippage Loss Incident May Be Related to Garrett Jin]
On March 13, the on-chain analytics platform Lookonchain posted that the individual responsible for the $50 million single-coin slippage loss may be Garrett Jin, the operator of the '1011 Insider Address.' On-chain tracking shows that 13 wallet addresses associated with Garrett Jin withdrew USDC or USDT from Binance on February 16 and February 20. Recently, these wallets became active again and transferred funds to two new wallets, one of which shares the same Binance deposit address as Garrett Jin. Previously, on February 15 and February 20, Garrett Jin sold 261,024 ETH (approximately $543 million) and 11,318 BTC (approximately $761 million). The timing of the withdrawals from Binance by the aforementioned wallets is close to these transactions.
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