One of the biggest Market Makers is dumping its crypto holdings🚨🚨 

A series of bad events in 4 parts 👇

♦️ The CFTC started an investigation into Jump Trading subsidiary's activities. 

♦️ Jump trading president resigns shortly after that

♦️ Jump trading started redeeming wstETH after that.

♦️ Since July 25, they redeemed and sold over 80,000 ETH.

This caused an #ETH dump along with alts weakness.

It seems like Jump trading is completely exiting the market.

#Crypto #Cryptocrash #Crash #Altcoins