Bitcoin sees $760M Binance inflow amid new U.S. tariffs

Reported: Large Jin‑linked BTC deposits; imminent sell‑off remains unproven

Market coverage has flagged sizable Bitcoin transfers to Binance from addresses linked in reports to the trader variously named Garett or Garrett Jin, with identity details not independently verified. According to CryptoBriefing, a whale moved about $761 million in BTC to Binance, with prior activity cited by analysts as a reason to watch for potential selling pressure. The act of depositing coins to an exchange raises questions about intent, but it does not, on its own, prove that a sale will occur.

Separate coverage has highlighted additional, large-scale deposits attributed to a Jin-linked address. As reported by BitcoinWorld, an address associated in coverage with Jin sent roughly $425 million in BTC to Binance, prompting further market scrutiny and discussion of regulatory implications in global trading circles. Across these reports, the scale of inflows is clear, while precise motives remain unconfirmed.

What big Binance inflows typically signal, and alternative explanations

Large net inflows to a centralized exchange often precede or coincide with increased sell-side liquidity, which can pressure prices if demand is insufficient at prevailing levels. However, inflows can also reflect non-directional or indirect motives, including positioning collateral for derivatives, facilitating over-the-counter settlement, or reorganizing custody, none of which guarantees imminent spot liquidation. Exchange deposits therefore warrant monitoring, but they should not be treated as definitive signals without corroborating order book and flow data.

Coverage itself has cautioned against drawing firm conclusions from these transfers in isolation. “Experts say it remains unclear whether Jin’s transfers signal an imminent sell-off,” said Michael Adeleke, reporter at Coingape. The most decision-relevant evidence would include whether exchange balances are rising broadly, whether order book depth is skewed toward offers, and whether derivatives indicators, such as funding rates, open interest, and basis, are aligning with sustained sell pressure.

Trump’s new tariffs: potential Bitcoin impacts and key watchpoints

Analysts have connected new U.S. tariffs under President Donald Trump to a higher-risk macro backdrop that can weigh on speculative assets. According to RBC Wealth Management, tariff-related inflation risks and policy uncertainty may erode growth and dampen risk appetite, conditions that can tighten financial conditions for crypto as well as equities. While these forces can intersect with on-chain flows, the presence of both does not establish causality.

UBS has similarly flagged that a broadening tariff cycle could hurt equities and lift inflation pressures, a mix that tends to raise volatility across risk assets. Against that backdrop, any reading of exchange inflows should be paired with real-time liquidity and derivatives metrics to distinguish between transient repositioning and directional selling. At the time of this writing, Bitcoin traded in the high-$60,000s, based on data from CryptoRank, underscoring that price remains sensitive to both market microstructure and headline risk without a definitive link to any single wallet’s activity.