885 BTC Moved to Jump Trading
Whale Alert flagged a large 885 BTC (~$60M) transfer from Coinbase to Jump Trading, a signal of potential positioning or platform activity by a major HFT/market‑making peer. Large on-chain flows like this are a timely piece of competitive intelligence for liquidity and custody movement. (x.com)
Transaction hash 7b89d67be4a39ecf0ccbb840c8312bb89ba0f1660b440996384ccafb00290fa0 executed on 2026-03-31T19:58:40Z and is recorded as moving 885 BTC valued at $60,048,445 with an implied price of $67,826.95 per BTC on Whale Alert’s decoded record. (whale-alert.io) The decoded outputs include three distinct outputs labelled “Jump Trading,” each for 147.59 BTC, which aggregate to 442.77 BTC of the single 885 BTC transaction. (whale-alert.io) Whale Alert’s input decoding attributes the sending UTXOs to a Coinbase address 1LYhaUGjRARNF2nHit3vy9uLKbvxMffzpW with listed input entries of 827.61 BTC and 774.32 BTC on the same transaction record. (whale-alert.io) The transaction’s outputs show many repeated 14.31 BTC slices alongside small change outputs, indicating a multi-output distribution pattern rather than a single concentrated deposit. (whale-alert.io) Jump-linked on-chain activity has been reported previously, including a 499 BTC movement to an unknown wallet on November 3, 2025 flagged by blockchain monitors. (phemex.com) Separate reporting and chain analytics show Jump Crypto moved roughly $277 million of ETH to exchanges in a recent 10‑day window, demonstrating the firm’s recurring large on‑chain transfers across asset classes. (thedefiant.io) On‑chain intelligence platforms maintain labeled Jump Trading clusters: Arkham Intelligence hosts an entity page tracking Jump’s on‑chain holdings, and Arkham-style deanonymization has previously tied large bc1ql addresses to Jump custody relationships. (intel.arkm.com)
