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TechFlow reports, according to Lookonchain monitoring, 11 hours ago Jump Trading cashed out another $116.7 million. Since Jump Trading began selling ETH on July 24, it has withdrawn 611.78 million USDC from Binance and deposited 558.2 million USDC into Coinbase. The USDC deposited into Coinbase is likely to be exchanged into USD at a 1:1 ratio.
According to Lookonchain monitoring, 11 hours ago Jump Trading cashed out another $116.7 million. Since July 24 when Jump Trading began selling ETH, it has withdrawn 611.78 million USDC from Binance and deposited 558.2 million USDC into Coinbase. The USDC deposited into Coinbase is very likely to be exchanged into USD at a 1:1 ratio.
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