Jump Crypto Moves $18M in Bitcoin to Binance Amid Market Watch
Jump Crypto has transferred 286.83 Bitcoin, worth approximately $18.01 million, to Binance about two hours ago, according to on-chain data from Onchain Lens.
This move is part of a larger pattern this week, with the firm sending a total of 1,560 BTC, valued at roughly $99.2 million, to the same exchange.
The latest deposit brings the address's total weekly transfers to Binance to 1,560 BTC. The address still holds approximately 1,410 BTC, worth about $88.58 million.
Jump Crypto is a digital asset trading and market-making arm of Jump Trading Group, a major proprietary trading firm. Its activity can influence market dynamics, especially for Bitcoin, the largest cryptocurrency by market capitalization.