According to ChainCatcher, BitMEX co-founder Arthur Hayes posted on social media that he learned through news channels in the traditional financial field that a "big guy" collapsed and sold all his crypto assets.

At present, most of the community speculates that it refers to Jump Crypto. According to the analysis released by EmberCN yesterday, Jump Trading may be selling ETH and is currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to trading platforms such as Binance/OKX. As of yesterday, Jump Trading has redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (about $191 million) have entered the trading platform.

According to Scopescan monitoring, Jump's positions are currently dominated by USDC and USDT.

As previously reported, Fortune reported on June 20 that the U.S. Commodity Futures Trading Commission (CFTC) was investigating Jump Crypto.