Jump Trading just successfully unstaked 11,500 ETH ($29M) from Lido Finance and transferred it to the wallet 0xf58, which they often use to deposit ETH to exchanges:

• transaction: 0x9578e68a6aa1d10be46fac1721bb0c437a37908cad00339d24b5325c00ed23f6
• address 1: 0x98629555d323324b9415471033f2745c57b608c6
• address 2: 0xf584f8728b874a6a5c7a8d4d387c9aae9172d621
• These addresses belong to the entity Jump Trading

Notably, Jump Trading has continued to redeem 16,210 WSTETH ($48.2M) into 19,049 STETH.

Overall, since July 25, Jump Trading has:

• redeemed 99,301 WSTETH ($363M) into 116,609 STETH;
• unstaked 97,559 ETH from Lido Finance;
• deposited a net amount of 88,444 ETH ($275M) to various exchanges, including Binance, OKX, Bybit, Coinbase, and Gateio.

Currently, Jump Trading still holds around $153M worth of (WST)ETH, including:

• 21,394 WSTETH ($63.6M) in wallet 0x48d62ed012e327faacb9c8d2a56330e215da0575;
• 16,292 ETH ($41.3M) wallet 0xf584f8728b874a6a5c7a8d4d387c9aae9172d621;
• 19,049 STETH ($48.3M) under the unstaking process from Lido in wallet 0x98629555d323324b9415471033f2745c57b608c6.

Fig 1. Jump Trading's latest ETH transactions and holdings.

Fig 2. The amount of ETH deposited and withdrawn to/from CEXs by Jump Trading 0xf58 since July 25, 2024.