According to PANews on August 7, according to monitoring by on-chain analyst Yu Jin, Jump Trading transferred 11,500 ETH to the sales address and continued to apply to redeem 19,049 stETH into ETH.

  • Jump Trading is responsible for unpacking the ETH redemption address and transferring the 11,500 ETH (approximately US$28.9 million) redeemed on 8/4 to the address responsible for distributing and transferring the ETH to CEX.

  • Continue to transfer 16,210wstETH (approximately US$47.92 million) from the address where wstETH is stored to the address responsible for unpacking and redeeming ETH, and continue to apply for redemption.

  • The address storing wstETH still has 21,394 wstETH (approximately US$63.33 million) waiting for subsequent redemption and transfer.