"Wallet Linked to Jane Street Said to Have Received 205 Bitcoin Over the Past Two Hours"
Summary
- Lookonchain said a wallet linked to Jane Street received about 205.36 Bitcoin (BTC) over the past two hours.
- The Bitcoin is worth about $15.08 million, and the funds were said to have come in from BitMEX and LMAX Digital.
- Lookonchain said Jane Street, which faced controversy during the LUNA-Terra crisis, is again showing active trading activity, though the purpose of the transfers has not been confirmed.
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An analysis has suggested that Bitcoin (BTC) transfers have been detected from a wallet believed to be linked to global trading firm Jane Street.
On the 16th, on-chain analytics platform Lookonchain said on X (formerly Twitter) that "over the past two hours, a wallet connected to Jane Street received about 205.36 BTC from BitMEX and LMAX Digital." The amount is worth about $15.08 million.
Lookonchain added that "Jane Street—previously embroiled in controversy during the LUNA-Terra (LUNA·Terra) crisis, including allegations of insider trading and claims it sold Bitcoin at 10 a.m.—is once again showing active trading activity."
However, the precise purpose of the fund movements has not been confirmed.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
