Major Trading Firms Deposit Millions in Crypto During Market Sell-Off

Trading firms like Jump Trading, Wintermute and Abraxas Capital deposited millions in BTC, ETH and ARB to exchanges during Monday's crypto sell-off.
Abraxas Capital transferred over $22M in ETH to Bitfinex in two transactions.
Jump Trading sent over $5.9M in BTC to Binance.
Wintermute deposited over $3.3M in ARB to Binance in the past 8 hours.
These transfers happened as crypto markets turned down sharply over concerns about FTX potentially selling its $3.4B asset stash.

coindesk.com

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