According to @ThinkingUSD, there is a claim of funds moving from individual investors to platforms such as Phonton, Jup, Jito, Jump, Raydium, and pump.fun. This suggests a concentration of capital in these entities, which could indicate potential trading opportunities or risks depending on the market dynamics these platforms create. Investors should monitor any changes in trading volumes or liquidity associated with these platforms for informed trading decisions.

According to Ai 姨, the market downturn was initiated by DeepSeek's impact on the US stock market, which subsequently affected the cryptocurrency market, causing a decline in the overall market, including JUP. The decline interrupted JUP's bullish momentum. Additionally, large investors transferring funds to FalconX may be seeking to secure profits amidst the market downturn.

According to Ai 姨, a significant JUP whale identified as 34bHt...kJVJir purchased 13.3 million JUP tokens at an average price of $0.8541 between January 17 and January 24, amounting to approximately $11.37 million. Despite the price reaching $1.25, the whale did not sell but instead deposited 7.7 million tokens to FalconX at a rate of $1.012 during a dip, potentially securing a profit of $1.215 million.