It looks like Jump might really be 'dead' 💔
After the news that the CFTC is investigating Jump, the onchain activity of Jump and other market makers has significantly decreased 🙃
Yesterday, JUMP withdrew almost all of their stETH (Staking ETH) to $ETH and deposited it on the exchange... the result was a severe all-market crash last night and this morning 📉
There are many rumors saying Jump is broke and is 'liquidating' before the CFTC officially files a lawsuit.
I wonder; what kind of bull-run is this?
