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Home News Jump Crypto is suspected to be in the process of swapping a large amount of SOL for BTC, having deposited 1.1 million SOL to an OTC platform.

Jump Crypto is suspected to be in the process of swapping a large amount of SOL for BTC, having deposited 1.1 million SOL to an OTC platform.

30 October 2025

BlockBeats News, October 31, according to lookonchain monitoring, Jump Crypto appears to be converting a large amount of SOL to BTC. In the past 15 minutes, Jump Crypto has transferred the already unstaked 1.1 million SOL (about $205 million) to Galaxy Digital and received 2,455 BTC (about $265 million) in return.