Addresses Linked to Bankrupt Crypto Exchange FTX Sent Large Amounts of Altcoins to Binance and Coinbase! Here Are Those Altcoins!

FTX and Alameda Research Addresses associated with major cryptocurrency exchanges To Binance and Coinbase It carried out altcoin transfers totaling 13.6 million dollars. Spot On Chain, a reliable blockchain analysis platform, shared data on these transactions.

Here is a detailed breakdown of the transfers:

DYDX: $2.64 million
AXS: $1.05 million
AAVE: $520,000
GRT: $4.85 million
RNDR: $2.3 million
MKR: $967,000

🚨🚨 #FTX oath #Alameda Research further deposited $5.49M worth of 6 assets $AAVE, $ALICE $AXS, #C98, $DYDX, $ZRXto #Binance oath #coinbase ~30 mins ago.

Top 3 include:
1.14M $DYDX ($2.64M)
192,888 $AXS ($1.05M)
5,858 $AAVE ($522K)

Overall, #FTX oath #Alameda Research has… https://t.co/Rw0PnalH6G pic.twitter.com/JPbIXZJPzv

— Spot On Chain (@spotonchain) November 1, 2023

While the motivations behind these transfers and deposits remain the subject of speculation, industry experts are closely monitoring the situation for potential information about the future movements and strategies of these influential market participants.

As the cryptocurrency ecosystem continues to evolve, such transactions serve as a testament to the dynamic nature of the market, where major players are strategically positioning themselves to take advantage of emerging opportunities.

*This is not investment advice.