| Time | Details |
|---|---|
| 2024-08-05 04:48 |
Jump Trading's Massive $wstETH Sell-off and Market Impact
According to Lookonchain, Jump Trading is actively selling $wstETH, with 120,695 tokens worth $481 million currently being sold and 83,000 tokens worth $377 million already sold since July 24. This leaves 37,604 $wstETH worth $104 million. The market has also experienced a significant decline of over 33% since July 24. Additionally, the US CFTC is investigating Jump Trading as of June 20. (Source) |
| 2024-08-07 09:49 |
Jump Trading Resumes Significant $ETH Sales
According to @lookonchain, Jump Trading has resumed selling Ethereum ($ETH). They claimed 11,501 $ETH (worth $29.11 million) from Lido and transferred it out for sale. Additionally, they applied to redeem another 19,049 $ETH (worth $48.22 million) to prepare for further sales. Currently, Jump Trading holds 21,394 wrapped staked Ethereum ($wstETH) valued at $63.6 million. (Source) |
| 2024-12-07 03:58 |
Whale Invests $19M in Altcoins with Significant Gains
According to Spot On Chain, a large cryptocurrency investor, commonly referred to as a 'whale', recently spent 420 $WSTETH, equivalent to $2 million, to acquire 1.47 million $FTM in a single transaction. Over the last six days, this whale has invested a total of $19 million worth of $ETH in various altcoins. Specifically, the investments include 531.7 billion $PEPE, valued at $11.04 million, which has increased by $292,000 (or 2.6%), and 4.55 million $FTM, valued at $5.83 million, which has risen by $353,000 (or 6%). These transactions indicate a strategic accumulation of altcoins, potentially influencing market trends and highlighting the whale's confidence in these assets. (Source) |