{"id":134883,"date":"2024-08-05T12:00:54","date_gmt":"2024-08-05T09:00:54","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134883"},"modified":"2024-08-05T01:24:45","modified_gmt":"2024-08-04T22:24:45","slug":"crypto-company-shook-the-market-by-transfering-hundreds-of-millions","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/","title":{"rendered":"Crypto Company Shook the Market by Transfering Hundreds of Millions"},"content":{"rendered":"<p>Blockchain <strong><a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/address\/0xf584F8728B874a6a5c7A8d4d387C9aae9172D621\" target=\"_blank\">data<\/a> <\/strong>testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.<\/p>\n<p>Addresses flagged by Arkham Intelligence linked to Jump Crypto have received about $300 million since Aug. 3, mostly from addresses identified as exchange wallets. Conversely, about $80 million has flowed out of the trading company&#8217;s wallets during the same period, primarily to exchanges such as Coinbase, Gate.io and Binance. The movement of these funds is still ongoing.<\/p>\n<p>A significant portion of the funds transferred are in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>. According to X user <strong><a href=\"https:\/\/x.com\/EmberCN\/status\/1819912925060198753\" target=\"_blank\">EmberCN<\/a><\/strong>, Jump Crypto has acquired positions worth over $500 million in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/lido-dao\/\">Lido&#8217;s<\/a> <\/strong>wstETH since July 25, shortly after the spot Ethereum ETFs <strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-sec-approves-spot-ethereum-etf\/\">launched<\/a> <\/strong>in the US. Jump Crypto currently holds about $130 million in staked ETH, while nearly $200 million worth of Ethereum has been transferred to exchanges.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/coinbase-adds-new-liquid-staking-altcoin-for-trading\/\" title=\"Coinbase Adds New Liquid Staking Altcoin For Trading\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_coinbase-izobrajenie-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Coinbase Adds New Liquid Staking Altcoin For Trading<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Jump Crypto&#8217;s president, Kanav Kariya, quit in June after three years following information that the US Commodity Futures Trading Commission (CFTC) was investigating the company&#8217;s crypto investment activities.<\/p>\n<p>The company appears to be divesting its crypto assets as prices across the industry continue to fall, with DeFi tokens particularly affected. However, Bitcoin and Ethereum remain in positive territory since the beginning of the year, with the leading cryptocurrency experiencing a rise of nearly 40%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.<\/p>\n","protected":false},"author":3,"featured_media":134884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,24],"tags":[],"class_list":["post-134883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Company Shook the Market by Transfering Hundreds of Millions<\/title>\n<meta name=\"description\" content=\"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Company Shook the Market by Transfering Hundreds of Millions\" \/>\n<meta property=\"og:description\" content=\"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-05T09:00:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"958\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"Crypto Company Shook the Market by Transfering Hundreds of Millions\",\"datePublished\":\"2024-08-05T09:00:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\"},\"wordCount\":217,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg\",\"articleSection\":[\"Others\",\"Altcoins\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\",\"name\":\"Crypto Company Shook the Market by Transfering Hundreds of Millions\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg\",\"datePublished\":\"2024-08-05T09:00:54+00:00\",\"description\":\"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg\",\"width\":1280,\"height\":958},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Company Shook the Market by Transfering Hundreds of Millions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"Cryptodnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"Cryptodnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crypto Company Shook the Market by Transfering Hundreds of Millions","description":"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Company Shook the Market by Transfering Hundreds of Millions","og_description":"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...","og_url":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/","og_site_name":"Cryptodnes EN","article_published_time":"2024-08-05T09:00:54+00:00","og_image":[{"width":1280,"height":958,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg","type":"image\/jpeg"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/"},"author":{"name":"Alexander Stefanov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"headline":"Crypto Company Shook the Market by Transfering Hundreds of Millions","datePublished":"2024-08-05T09:00:54+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/"},"wordCount":217,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg","articleSection":["Others","Altcoins"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/","url":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/","name":"Crypto Company Shook the Market by Transfering Hundreds of Millions","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg","datePublished":"2024-08-05T09:00:54+00:00","description":"As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump...","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280.jpg","width":1280,"height":958},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Crypto Company Shook the Market by Transfering Hundreds of Millions"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"Cryptodnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"Cryptodnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=134883"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134883\/revisions"}],"predecessor-version":[{"id":134885,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134883\/revisions\/134885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/134884"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=134883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=134883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=134883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}