Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
On-chain Data May Indicate a Significant Dump Risk for This Altcoin

On-chain Data May Indicate a Significant Dump Risk for This Altcoin

CryptoNewsNetCryptoNewsNet2025/10/02 20:30
By:en.bitcoinsistemi.com

Dump concerns have been raised regarding 2Z, the token of the new blockchain infrastructure project DoubleZero.

According to data shared by on-chain analytics platform Arkham, Jump Crypto acquired $42.8 million worth of 2Z in the last two hours. Approximately $20.9 million of these assets were deposited into Binance and Bybit. These movements have raised questions in the market about whether Jump Crypto is preparing to sell.

The DoubleZero Foundation recently announced the launch of the project's mainnet beta. DoubleZero aims to create a dedicated “fast highway” for blockchains on the internet. Operating over fiber lines, the network, which allows validators within the Solana ecosystem to communicate more quickly and reliably, aims to improve performance by reducing latency in blockchain transactions.

Investors are closely watching how Jump Crypto's exchange transfers will impact the price, along with the project's technical promise.

At the time of writing, 2Z has a total market capitalization of $2.25 billion and is trading at $0.64.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!