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Market maker Jump Trading deposited 100 million USD1 into the CEX in the past 4 hours to alleviate the latter's surging liquidity demand.
On December 24, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, influenced by CEX launching a USD1 high-yield financial product, market maker Jump Trading withdrew 100 million USD1 tokens from Bitgo and deposited them into the CEX over the past 4 hours, possibly to meet the surge in USD1 liquidity demand in a short period. Additionally, the USD1 supply increased by 118 million tokens today, with a market capitalization reaching $2.87 billion.