According to on-chain analyst Ember, Jump Crypto converted 11,802 stETH (40.50 million USD) into ETH in the past hour and then transferred to the 0xf58... 621 address, and has started to transfer to the exchange one after another.
These ETH Jump Crypto have been around for a long time, derived from the 120,000 ETH they recovered from the Wormhole hackers in February 2023. A lot has been sold before, and now it is expected that there will be 28,000 more.
Jump Crypto converted about 11,800 stETH into ETH in the past 1 hour and transferred them to the exchange one after another
2025-07-17 12:36:02
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