Jump Trading Sold Over 17,000 ETH for $46.44 Million! 💰 According to Lookonchain, Jump Trading released the ETH it received from Lido in batches of 2,000. The company still has 21,394 wstETH and the sell-off could continue.

These moves have raised concerns about a bearish market. The ETH price is down 3.5% after the recent sell-off. Jump Trading’s activities have also brought discussions of market manipulation.