Jito crypto news: $8M JTO transfer after 2 years sparks buzz

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Jito crypto news: Dormant wallet reactivation raises trading concerns

Jito crypto news: $8M transfer sparks speculation

Jito crypto news has made a big move in the digital financing market. As on September 16, 2025  Jito shifted JTO tokens worth $8 million from its custody account to Coinbase prime hot wallet.  The transfer was spotted by Emmett Gallic, Arkham analyst and shared it on his X .

He notes that such movements often point to possible selling prices since the hot wallets are commonly used for trading.

The coin is currently trading at $1.83 , down today with 5.66% recorded in 24 hours, as per the data of CoinMarketCap. Whereas, its all time high value of $5.61 reached 2 years ago in 2023, and lowest at $0.3 in the same year.

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Source: CoinMarketCap

A wallet inactive for two years comes alive

Emmett Gallic shared this huge unusual transfer and the history behind the wallet. It had been completely inactive for almost two years after receiving 25 million JTO tokens from the Jito Development Committee back in 2023.

For so long, no token showed any movement and making this sudden transfer stands out even more that has created buzz in the decentralized industry. Here are some possible reasons, why Jito crypto news made the market stunned:

  • It could be selling tokens slowly instead of dumping them all at once, to avoid crashing the price.

  • The coins may be moved to exchanges to keep trading smooth and ensure enough supply for buyers and sellers.

  • After two years, some locked tokens could be unlocked for the team to cover expenses like salaries, marketing and development.

  • New partnerships, funding or exchange-related agreements.

Apart from this, the unclear communication that there are no official updates is creating fear and doubt among the crypto traders.

Jito crypto news shows a monthly trend

Looking closer, this isn’t just a one-time action. Since June 2025, Jito has been moving roughly $8 million worth of JTO tokens nearly every month, Arkham data shows.

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Source: Arkham

This recurring activity shows an intentional strategy that is possibly a step-by-step sale of tokens or a structured liquidity plan. Either way, it is clear that these are not random moves.

This move also comes shortly after VanEck filed for the JitoSOL ETF in the U.S. SEC,  shows rising institutional interest in the Jito-ecosystem. If approved, it could bridge Solana staking with mainstream finance, further boosting attention on related tokens

Market outlook and investor concerns

Whenever large amounts of tokens are moved into hot wallets, the market usually expects selling pressure to follow. That often puts downward pressure on price in the short term.

While the network team hasn’t shared any official explanation, the crypto community is split: some think this is a gradual treasury sell-off, while others see it as normal liquidity management.

Still the traders are keeping a close eye on Jito crypto news, especially if these monthly transfers continue and influence JTO’s price trends.

It is not the first time dormant giants have moved. On August 23, a wallet holding 100,784 BTC worth $642 million woke up after seven years, Bitcoin OD deposited BTC into Hyperliquid .

Conclusion

For now, the sudden transfers leave traders guessing, but one thing is clear — Jito’s every move is drawing big attention in the crypto space. The coming months will show whether this is routine liquidity management or the start of a larger sell-off.

Also read: Fed’s Historic Rate Cut: What It Means for Stocks, Crypto, and AI

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