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A Major Whale Deposits 35 Million H Tokens to an Exchange, Jump Trading Suspected as the Driving Force

A Major Whale Deposits 35 Million H Tokens to an Exchange, Jump Trading Suspected as the Driving Force

Bitget2025/07/02 07:03
H-6.73%

According to a report by Jinse Finance, Lookonchain monitoring shows that a wallet address starting with 0x859e deposited 35 million H tokens, worth approximately $2.7 million, to an exchange 12 hours ago. This move comes as the price of the $H token has surged by more than 78% in the past 24 hours. Notably, Jump Trading (@jump_) is not only a strategic round investor in the $H project but also one of its market makers. On the day the $H token was launched, Jump Trading received 25 million $H and subsequently deposited 8 million $H to an exchange.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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