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Wall Street Giant Secretly Bought $75M of These Six Ethereum Small Caps!

The popular U.S trading firm Jump Trading has secretly bought $75M of six Ethereum small-cap assets! Jump Trading is a trading firm concentrating on algorithmic and high-frequency trades with 700 employees globally.  Jump Trading Bought Six Small Caps According to […]

Prasanna Peshkar

Prasanna Peshkar

November 8, 2020 2:08 PM

Wall Street Giant Secretly Bought $75M of These Six Ethereum Small Caps!

The popular U.S trading firm Jump Trading has secretly bought $75M of six Ethereum small-cap assets! Jump Trading is a trading firm concentrating on algorithmic and high-frequency trades with 700 employees globally. 

Jump Trading Bought Six Small Caps

According to the Messari researcher Mason Nystrom, Jump Trading is accumulating six DeFi cryptos secretly. According to his research, Jump Trading has $75 million in crypto-assets and is the 8th largest owner of COMP (Compound) tokens and it has bought 47K COMP in the past 7 days.

Jump Trading holds at least $75m in cryptoassets and is the 8th largest holder of COMP tokens behind a16z and Polychain. Jump bought 47K COMP in the past 7 days!

Jump also holds KEEP, HXRO, NMR, OXT, and MKR.

Jump invested an undisclosed amount in Serum and owns 40m SRM(~$32m) pic.twitter.com/wNML2DZJrW

He further elaborated that Jump also has KEEP (Keep Network), HXRO, NMR (Numeraire), OXT (Orchid), and MKR (Maker) and the trading firm has invested a huge (undisclosed) amount in Serum and has 40m SRM (~$32m).

Nystrom found Jump Trading’s crypto holdings with the help of Nansen platform that identifies the owner of Ethereum addresses while pursuing their movements. Also, Mason Nystrom found that Jump Trading also holds major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) and some utility tokens such as Binance Coin (BNB) and Huobi Token (HT).

Jump Trading Portfolio Screener: https://t.co/9jNcH1rEQ6

Data from Nansen: https://t.co/F9tgX8y9wz

Prasanna Peshkar
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Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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