According to newly recorded on-chain data, Jump Crypto is significantly increasing its HYPE Token holdings by withdrawing a large amount of these Token from centralized exchanges over the past 24 hours. Specifically, blockchain transaction tracking systems show that Jump Crypto has withdrawn approximately 160,000 HYPE tokens, equivalent to approximately $4.65 million, thereby raising the total amount of HYPE held by the organization to approximately 500,000 Token, equivalent to about $14.6 million at current market prices.
Notably, the 500,000 HYPE milestone is not only significant in terms of investment scale but also a crucial threshold within the Hyperliquid ecosystem. It's a necessary condition to reach the highest level in the fee incentive program for market makers, offering discounts of up to 40%. Jump Crypto recent attainment of this milestone has led many observers to believe that this renowned investment and market-making fund may be preparing to officially launch market-making activities on Hyperliquid in the near future.
