Suspected Jito team or early investor wallet transfers $10.54M in JTO to Coinbase

A wallet likely belonging to the Jito team or an early investor deposited 4.82 million JTO ($10.54 million) into Coinbase Exchange about an hour ago, according to on-chain analyst The Data Nerd on X. The wallet originally received 17.2 million JTO two years ago and still holds 14.38 million JTO, currently worth around $26.62 million.