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Tanner Tucker | Amb @ ThrusterFi
@tanner
Jump Trading is selling 120,695 $wstETH($481M) and has sold 83K $wstETH($377M) since July 24, leaving 37,604 $wstETH($104M). The market also began to fall after July 24, falling by more than 33%! According to reports on June 20, the US #CFTC is investigating Jump Trading. https://reuters.com/technology/us-cftc-probing-jump-tradings-involvement-crypto-fortune-reports-2024-06-20/ The 120,695 $wstETH($481M) is the stolen funds that Jump successfully countered the Wormhole Exploiter and recovered. https://app.blockworksresearch.com/unlocked/we-do-a-little-counter-exploit https://etherscan.io/address/0x48d62ed012e327faacb9c8d2a56330e215da0575#tokentxns
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