Data: about 31800 COMPs were transferred from the suspected Jump Trading address, and 11400 were transferred to Coinbase
It is reported that Twitter user @ Yu Jin tweeted that 31876 COMP tokens (about $1.54 million) that had been stored for 467 days were transferred from the address of Jump Trading in the last three days. These 31876 COMP tokens were submitted from Coinbase 467 days ago (November 3, 2021) and stored at the address, and were transferred out in two batches three days ago and one hour ago. 11400 of them were transferred to Coinbase, and the rest were transferred to a transit address of Jump Trading.
Interpretation of this information:
The message reports that a Twitter user named @Yu Jin has tweeted that there has been a transfer of 31,876 COMP tokens worth around $1.54 million. These tokens were initially submitted from Coinbase 467 days ago and were stored at the address of Jump Trading. However, in the last three days, the tokens were transferred out in two batches, with 11,400 of them going to Coinbase and the remaining transferred to a transit address of Jump Trading. The message does not provide any further details or context about the transfer or the reasons behind it.
Interpretation:
Twitter user @Yu Jin’s tweet about the transfer of COMP tokens from Jump Trading’s address in the last three days has caught the attention of crypto enthusiasts. The transfer of 31,876 tokens worth $1.54 million is significant, and the reason behind it is not clear. It is noteworthy that the tokens were submitted from Coinbase 467 days ago, indicating that the tokens may have been held by the platform for some time before being transferred to Jump Trading’s address. It is also unclear why only 11,400 tokens were transferred back to Coinbase while the rest were transferred to Jump Trading’s transit address. There are speculations that the transfer may be related to a market buy, a token swap or an internal transfer within Jump Trading. However, without any official statement from either Coinbase or Jump Trading, it is difficult to confirm any of these claims.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/47445.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.