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.

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
Jump Trading© Cryptoticker
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