According to TechFlow, according to Lookonchain monitoring, Jump Trading cashed out another $116.7 million 11 hours ago. Since Jump Trading started selling ETH on July 24, it has withdrawn 611.78 million USDC from Binance and deposited 558.2 million USDC to Coinbase. USDC deposited in Coinbase is likely to be converted into US dollars at a 1:1 ratio.