Jump Trading is suspected of selling ETH, involving the redemption of 120,000 wstETH.

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According to @EmberCN, Jump Trading may be selling ETH: they are currently redeeming a sum of $410 million worth of wstETH (120,000) into ETH in batches and then transferring it to exchanges such as Binance and OKX. So far, they have redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (worth $191.4 million) have entered the exchange.

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