Jump Crypto is selling over $40 million worth of ETH, recovering assets from the Wormhole incident.

DailyNews

2025-07-17 12:30:44

ETH-3,65%

W-4,27%

According to Ember Monitoring, Jump Crypto exchanged 11,802 stETH (approximately $40.5 million) for ETH within an hour and transferred it to address 0xf58, with some funds flowing to the exchange. This batch of ETH originated from the stolen assets of the Wormhole hack involving Jump and Oasis in February 2023. Initially, 120,000 ETH was recovered, and approximately 28,000 ETH is still held.

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