BIT Move from Alameda after Bybit’s We Sell FTT: 1 Million Unit Purchase

Alameda Research, which allegedly sold BIT to provide liquidity, bought BIT for approximately $400,000 within hours.

In order to provide liquidity, Alameda Research BIT The allegations that he made the sale created chaos in the markets. BitDAO regarding the sale in question within 24 hours While waiting for an explanation, it was seen that Alameda accounts were buying BIT.

FTX and Bybit held by both parties in accordance with the agreement between BIT and FTT their assets Not selling for 3 years had to. After the news of the BIT sale spread in the market twitter Alameda CEO, who made a statement on Caroline Ellison stated that the said BIT sales did not belong to them.

According to on-chain data, Alameda was the first to 499,996 BITs (about 186,000 dollars) purchased. 1 hour after this intake 500,000 BITs (about $195,514) another purchase was made.

If Alameda fails to prove its BIT holdings within the 24-hour period granted by BitDAO, the BIT community will not be able to 3.36 million FTTs Will take action to sell.


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