Jump Trading Withdraws $66 Million Worth of ETH, Transfer to Anonymous Address

IconCryptoNewsTerminal Staff31 Jul, 2024

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Jump Trading Withdraws $66 Million Worth of ETH, Transfer to Anonymous Address

Jump Trading, a leading cryptocurrency market maker and trading firm, has withdrawn an estimated $66 million worth of ETH from a centralized exchange (CEX) and transferred it to an anonymous address, according to a ScopeScan report. The transfer was initiated approximately 2 hours ago. The reasons behind the withdrawal and the identity of the recipient address remain unknown. However, the transaction has raised speculation among market observers, who are monitoring the situation closely for any further developments.

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