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Jump Trading may have cashed out $440 million

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2024-08-06 12:30:03
According to a message from Lookonchain on X, since Jump Trading started selling ETH on July 24, he withdrew 606 million USDC from Binance and deposited 440 million USDC into Coinbase.
The $USDC deposited into Coinbase is likely to be exchanged for dollars at a 1:1 ratio.