On-chain data shows Jump Crypto leading non-exchange USD1 holdings, with a recent multi-million token withdrawal from OKX confirming its dominant position.
Jump Crypto now holds 26.16 million USD1, making it the largest non-exchange holder of the stablecoin. The trading firm recently withdrew 1.14 million USD1 from OKX, according to on-chain analyst Ai Yi. This surpasses the holdings of Wintermute and DWF Labs, highlighting Jump Crypto’s growing influence in stablecoin markets.