Jump Trading transferred 11.50 thousand ETH to the selling address and applied to redeem 19,049 stETH for ETH.

Deep Tide TechFlow News, on August 7th, according to Yu Jin monitoring, Jump Trading recently transferred 11.50 thousand $ETH to a selling address and applied to redeem 19,049 $stETH for ETH. The specific situation is as follows: 1. The address responsible for unpacking and redeeming $ETH has transferred the 11.50 thousand $ETH (approximately 28.90 million USD) applied on August 4th to the CEX distribution address. 2. 16,210 wstETH (approximately 47.92 million USD) was transferred from the address holding wstETH to the unpacking and redeeming $ETH address, and the redemption continues. 3. The address holding wstETH still has 21,394 wstETH (approximately 63.33 million USD) to be redeemed and transferred out. In previous news, Jump Trading recently redeemed a batch of wstETH worth 410.00 million USD (120 thousand tokens) into $ETH and then transferred them to exchanges such as Binance and OKX, possibly selling ETH.