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Wu Shuo learned that, according to MLM monitoring, Jump Crypto has withdrawn approximately 160,000 HYPE tokens (about $4.65 million) from exchanges in the past 24 hours, bringing its total holdings to around 500,000 HYPE tokens (about $14.6 million), precisely reaching the threshold for the highest tier market maker fee discount in the Hyperliquid ecosystem (500,000 tokens / 40%). This indicates that Jump is very likely about to start officially market making on Hyperliquid.