Jump Trading transferred over $20 million worth of stablecoins to CEX in the past hour

On chain data shows that in the past hour, Jump Trading has transferred over $20 million in stablecoin trading to multiple centralized exchanges (CEX), including USDT and USDC. Specifically, as follows: Transfer 2.107 million USDT worth approximately $2.11 million to Binance; Transferred a total of $18 million in USDC to Coinbase, including a transfer of $10 million and another transfer of $8.913 million.