According to @EmberCN monitoring, Jump Crypto converted 11,802 stETH (worth $40.5 million) to ETH and transferred it to the 0xf58...621 address, and has started transferring to exchanges. These ETH originated from the 120,000 ETH that Jump Crypto "recovered" from the Wormhole hackers in February 2023. Previously, they have sold quite a lot, and currently still have about 28,000 ETH.
Jump Crypto converted about 11,800 stETH into ETH and transferred it out, and part of it has been transferred to the exchange
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