According to The Data Nerd, an early investor or team-linked wallet transferred 4.82 million JTO, valued at approximately $10.54 million, to Coinbase just one hour ago. The wallet originally received 17.2 million JTO two years ago and still holds a substantial 14.38 million JTO, worth about $26.62 million (source: The Data Nerd via Twitter, solscan.io). Such a large deposit to a major exchange like Coinbase typically signals potential upcoming sell pressure, which traders should monitor closely for possible volatility in JTO's price and liquidity. This on-chain movement highlights the importance of tracking whale activity for JTO trading strategies.