Jump Trading's Massive $wstETH Sell-off and Market Impact | Flash News Detail | Blockchain.News

Jump Trading's Massive $wstETH Sell-off and Market Impact

8/5/2024 4:48:43 AM

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)

Jump Trading $wstETH CFTC

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