Popular US trading firm Jump Trading has secretly bought $ 75 million worth of six small-cap Ethereum assets! Jump Trading is a trading company that focuses on algorithmic and high-frequency trades with 700 employees worldwide.
Jump Trading bought six small caps
According to Messari researcher Mason Nystrom, Jump Trading is secretly amassing six DeFi cryptocurrencies. According to his research, Jump Trading has $ 75 million in crypto-asset and is the eighth largest owner of COMP (Compound) tokens and has bought 47K COMP in the past 7 days.
He further elaborated that Jump also has KEEP (Keep Network), HXRO, NMR (Numeraire), OXT (Orchid) and MKR (Maker) and the trading company has invested a huge (undisclosed) amount in Serum and has 40m SRM (~ $ 32 million).
Nystrom found Jump Trading’s crypto holdings with the help of the Nansen platform which identifies the owner of the Ethereum addresses as it pursues their movements. Additionally, Mason Nystrom found that Jump Trading also holds major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) and some utility tokens such as Binance Coin (BNB) and Huobi Token (HT).
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