Jump Crypto moved roughly 1,560 BTC to Binance over the course of this week, according to monitoring data cited by BlockBeats from Onchain Lens. The transfers were valued at about $99.2 million in total and were described as possible selling activity. The latest transfer came two hours before the report, when Jump Crypto sent 286.83 BTC to Binance, worth around $18.01 million. Onchain data in the same update also showed that wallets linked to Jump Crypto still held about 1,410 BTC, valued at roughly $88.58 million at the time of reporting. The transactions are drawing attention as traders watch whether more BTC will be moved and whether the firm’s remaining holdings change in the near term.
Jump Crypto has continued moving BTC to Binance this week, with total deposits reaching about 1,560 BTC worth roughly $99.2 million, according to Onchain Lens data cited by BlockBeats on Aug. 15. The transfers were described as suspected selling activity.
The latest update showed that Jump Crypto sent another 286.83 BTC to Binance two hours before the report. That transfer was valued at about $18.01 million.
Wallets associated with Jump Crypto still hold about 1,410 BTC, worth roughly $88.58 million, based on the same data. The market is watching for any follow-up transfers and changes in those holdings.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
