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Jump Crypto is suspected of converting a large amount of SOL to BTC and has deposited 1.1 million SOL to the OTC platform.
On October 31, according to monitoring by lookonchain, Jump Crypto appears to be exchanging a large amount of SOL for BTC. In the past 15 minutes, Jump Crypto transferred 1.1 million SOL (approximately $205 million) that had been unstaked to Galaxy Digital and received 2,455 BTC (approximately $265 million) in return.