FTX Moves for Sale: Moves Ethereum and 5 Altcoins to Exchanges!

A joint wallet linked to bankrupt cryptocurrency companies FTX and Alameda Research transferred millions of dollars worth of altcoins to exchanges.

FTX and Alameda, which caused serious losses in the cryptocurrency industry with their bankruptcy in the past period, continue to dispose of their altcoin assets in order to repay their creditors.

Reported by on-chain analysis platform Spot On Chain to data took action on January 27, according to FTX And Alameda Research, $8.28 million He attracted attention by moving 6 different cryptocurrencies.

The wallet in question is transferred to exchanges Ethereum (ETH), OCD (OCD), Metal DAO (MTL), Prom (PROM), DFI.money (YFII), Cream transferred. According to the data, FTX and Alameda, 24 October 2023since $707 million worth 91 different cryptocurrencies transferred to the stock exchanges.

Companies are expected to make new transfers within the scope of bankruptcy court in the coming days. FTX takes action with spot Bitcoin ETF approval 22 million Grayscale Bitcoin Trust (GBTC) worth $1 billion He sold his shares.


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