According to TechFlow, on August 8, according to Lookonchain monitoring, Jump Trading transferred ETH to Binance for sale yesterday, and then withdrew 32.6 million USDC from Binance. These USDC may be deposited in Coinbase and may be exchanged for US dollars.
According to previous news, Jump Trading transferred 11,500 ETH to the sales address and applied to redeem 19,049 stETH for ETH.
