As asset prices continue to slide across the crypto industry, with bitcoin crashing below 60,000 today before making a modest recovery, Jump Crypto appears to be liquidating hundreds of millions of dollars worth of crypto, blockchain data shows. 

Addresses tagged as belonging to trading firm Jump Crypto by Arkham Intelligence have seen an inflow of about $300 million since yesterday, August 3, mostly from addresses tagged as exchange wallets by Arkham. Similarly, the trading firm's wallets have seen outflows of about $80 million over the same period, again mostly to exchanges such as Coinbase, Gate.io, Binance, and others, blockchain data show. The movement of the funds is ongoing. 

Much of the moved funds take the form of ether. As pointed out by X user EmberCN, Jump has …