FTX and Alameda Evaluate Bitcoin Rise: 13 Million Altcoin Transfers!

Bankrupt cryptocurrency companies FTX and Alameda Research took action once again and signed 13 altcoin transfers worth millions of dollars.

Reported by on-chain analysis platform Spot On Chain to data According to the bankrupt cryptocurrency exchange FTX and its subsidiary Alameda, $10.5 million worth of altcoin transfers have been made in the last 5 days.

Companies even took advantage of the rise in the market, market maker Wintermute and cryptocurrency exchange Falconx. $5.27 million worth 2,148 Ethereum (ETH) transferred.

FTX and Alameda, which do not limit their transactions to this, also joined Wintermute. $1.04 million worth 500 thousand Toncoin (TON) sent. The third largest altcoin transfer by companies is Cream Finance (CREAM) took place privately. Approximately 874 thousand dollars worth 54,811 CREAMSwas transferred to the cryptocurrency exchange Binance.

On the other hand, in this 5-day period, Liquity (LQTY), Leo Token (LEO), Convex Finance (CONV), Akropolis (AKRO), pSTAKE Finance (PSTAKE), Reef (REEF), Fantom (FTM), Uma (UMA). , in a total of 10 altcoins including Linear (LINA), Kyber Network Crystal (KNC) 1.98 million dollar presence Binance And OKX It was sent in pieces to cryptocurrency exchanges such as.

It is planned that companies with ongoing bankruptcy cases will repay their creditors in the future by providing cash through sales of altcoins.

FTX tried to take advantage of the rises in the cryptocurrency market by accelerating the transfer transactions in question this week.


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