BitMEX co-founder: A certain "big guy" has fallen and sold all crypto assets

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on social media that he learned through traditional financial channels that a certain "big guy" has collapsed and sold all crypto assets.

Currently, the vast majority of the community speculates that he is referring to Jump Crypto. According to an analysis released by EmberCN yesterday, Jump Trading may be selling ETH and has recently been redeeming a batch of wstETH worth $410 million (120,000 pieces) into ETH, which is then transferred to trading platforms like Binance/OKX. As of yesterday, Jump Trading has redeemed 83,000 wstETH into 97,500 ETH over the past 9 days since July 25. Among these, 66,000 ETH (approximately $191 million) has already entered trading platforms.

Additionally, according to Scopescan monitoring, Jump's positions are now dominated by USDC and USDT.

Previously reported, Fortune reported on June 20 that the Commodity Futures Trading Commission (CFTC) is investigating Jump Crypto.