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Jump Trading Secretly Controls All Your Money and We’re Only Finding Out Now Because One Guy Looked at Some Charts

An illustration of a large whale swimming in an ocean filled with waves labeled as 'Market Fluctuations'. A smaller fish, representing Jump Trading, swims alongside it but appears to be heading towards shore. The background is darkened while the foreground remains bright, indicating uncertainty and turmoil respectively. In the distance, two other whales are seen jumping out of the water; one represents Paradigm VC with a red splash behind it signifying loss or sell-off, while another whale in blue signifies liquidity provision for trading activities across exchanges.

The crypto world can be a wild ride indeed! It seems like Jump Trading has been making some big moves, transferring out 46.44M in ETH amid fears of sell-offs and manipulation. But wait, what’s this? According to Arkham Intelligence data, it looks like the firm is just prepping for trading activities on various exchanges – not exactly a sign of panic selling! Looks like someone needs to fact-check their X posts before hitting send

Source: cointelegraph

Jump Trading, a market maker and trading firm, has moved 17,049 Ether worth approximately $46.44 million in preparation for an expected sell-off. According to an X post by blockchain analyst Lookonchain, the $46.44 million Ether (ETH) claimed from the liquid staking protocol Lido has been “transferred out for sale.”  The analyst also stated that Jump Trading currently holds a remaining 21,394 ETH worth approximately $68.58 million as the new wave […]

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