April 27 (Cointime) - Blockchain analytics firm Arkham Intelligence revealed that global trading firm Jump Trading has deposited a total of $26.6 million worth of Bitcoin (BTC) to several exchange deposit addresses within the past hour.
The majority of the deposit, $23.7 million, was sent to Binance, while $2.18 million was sent to OKX and $720,000 to Bybit.
According to Arkham, the transactions appear larger due to the inclusion of unspent transaction outputs (UTXOs) sent back to the original address. Users can track these transactions on-chain through Arkham's platform at the following link: https://platform.arkhamintelligence.com/explorer/address/1KNm4K8GUK8sMoxc2Z3zU8Uv5FDVjrA72p
In the past hour, Jump Trading deposited a total of $26.6M of BTC to various exchange deposit addresses.
— Arkham (@ArkhamIntel) April 26, 2023
The main exchange deposited to was Binance, with Jump sending $23.7M to their BTC deposit address there.
However, they also sent $2.18M BTC to OKX and $720K BTC to Bybit. pic.twitter.com/AzoSeQMF55
All Comments