While the leading cryptocurrency Bitcoin continues its horizontal movements, it is seen that altcoins mostly move with BTC.
After the Binance and Coinbase lawsuit, some investors are walking away from the market in the face of the possibility of lawsuits against more exchanges, while large investors continue to collect altcoins.
Popular crypto platform Lookonchain, which shares the purchases of large investors, said that Jump Trading, one of the largest market makers in the world, has accumulated Mask Network's token MASK.
According to Lookonchain, Jump Trading has gradually acquired a total of 243,419 MASK (approximately $1.02 million worth) tokens over the past two days.
Stating that Jump Trading currently has 1.26 million MASK (approximately $5.3 million worth) in its main wallet, Lookonchain announced that Jump Trading has a total of 3.86 million MASK (approximately $16.17 million worth) at its 4 addresses.
Lookonchain also pointed out that Jump Trading has not made a major MASK transfer for the last 4 months, and stated that the last transfer was made on February 2nd.
“Note that Jump Trading has accumulated a total of 243,419 MASK ($1.02 million) in the last 2 days.
Jump Trading's main wallet currently holds 1.26 million MASK ($5.3 million).
Jump's 4 addresses have a total of 3.86 million MASK ($16.17 million)."
As it will be remembered, Jane Street Group, two of the world's largest market makers, and Jump Crypto, the crypto service of Jump Trading, announced in early May that it was withdrawing from the US digital asset market due to the pressures of the regulators on the crypto money sector.
*Not investment advice.