Jane Street has withdrawn 911 BTC from Gemini in the past 9 hours, equivalent to about $54.03 million
According to on-chain analyst @ai_9684xtpa, quantitative trading firm Jane Street may be hoarding BTC, and its address has accumulated 911.19 BTC from Gemini in the past 9 hours, which is about $54.03 million, with an average cost of $59,296.
Seven months ago, the company had a very similar operation, accumulating 865 and 1,147 BTC from Gemini on January 20 and February 1, respectively, when the currency price was only $41,855, and it has now surpassed $34.82 million.