Jump Crypto's $46.7M ETH Sell-off: A Game-changer in Blockchain Realm
Jump crypto, the crypto firm of Jump Trading has recently made significant ethereum liquidations to centralized exchanges (CEXs) amid a market sell-off According to data from Spot On Chain, within the last 24 hours, Jump crypto has transferred 17,576 ETH, valued at approximately $46 78 million, to various CEXs This move comes as part of a larger restructuring of their ethereum assets Key Liquidations Post Redemption These notable ethereum liquidations by Jump crypto follow a reported redemption on July 25, where they converted 83,091 wrapped staked ethereum (wstETH) into 97,600 staked ethereum (stETH), totaling $341 million...
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