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TechFlow reports, on August 8, according to Lookonchain monitoring, after Jump Trading transferred and sold ETH to Binance yesterday, it withdrew 32.6 million USDC from Binance. These USDC may be deposited into Coinbase and potentially converted into USD.
Previous report: Jump Trading transferred 11,500 ETH to an exchange for sale and requested redemption of 19,049 stETH into ETH.
According to Lookonchain monitoring, after Jump Trading transferred ETH for sale to Binance yesterday, it withdrew 32.6 million USDC from Binance. These USDC may be deposited into Coinbase and potentially converted into USD. Previous reports indicated that Jump Trading transferred 11,500 ETH to a selling address and requested to redeem 19,049 stETH into ETH.
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