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Jupiter Strategic Reserve Trust increased its holdings by approximately 186.5k JUP, raising the total position value to about $34.8 million.
BlockBeats News, July 4, Jupiter Strategic Reserve Trust Fund Jupiter Litterbox Trust added 186,546 JUP yesterday, worth approximately $45k. It has accumulated purchases of 1,226,119 JUP this month, worth approximately $300k. As of now, its total purchase volume is 145,028,229 JUP, worth approximately $34.8 million.
The Jupiter Strategic Reserve Trust Fund is Jupiter's official on-chain treasury fund, automatically transferring 50% of Jupiter protocol revenue to continuously buy and hold JUP tokens on the open market through smart contracts. It is often jokingly referred to by the community as the "Litterbox Trust."