On-chain analyst Eye has linked Garrett Jin, associated with the '1011 insider whale,' to the recent unstaking of 886,440 ETH. Jin, through his company XHash, reportedly created two staking pools, 'Eth2Depositor' and 'EthBatchDepositor,' where these ETH were deposited following Bitcoin swaps on the Hyperliquid/Hyperunit platform last year. All ETH have recently been unstaked. Additionally, Eye identified a Singapore-based company, Hypercieve, co-founded by Jack Chen, who is also the founder of SpiderPool and a close associate of Jin, suggesting Chen's involvement with the '1011 insider whale.'
SpiderPool Founder Linked to '1011 Insider Whale' in ETH Unstaking
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