Bankrupt cryptocurrency exchange FTX transferred millions of dollars worth of cryptocurrencies for sale.
Cryptocurrency exchange FTX continues to sell cryptocurrencies to provide refunds to its customers. Reported by on-chain analysis firm Lookonchain to data According to the stock market, in the last 24 hours $32 million worth 750 thousand SOL, $2.76 million worth 325 thousand ENS And $2.2 million worth 10.1 million GMT in total including 8 altcoins transferred for sale.
Among the altcoins that FTX transferred as smaller amounts for the shot: $1.26 million LDO400 thousand dollars APE360 thousand dollar BADGER, 320 thousand dollar BNT and 100 thousand dollars PAXG took place.
FTX total as of November 8 $316 million worth of crypto money was sent to various exchanges for sale.
At the beginning of last September, the US Bankruptcy Court for the District of Delaware gave the green light for FTX to sell its cryptocurrencies in order to repay its investors. Additionally, FTX was recently filed in the US Delaware bankruptcy court for $744 Million. Grayscale And Bitwise had applied to sell its assets.
Market experts are aware of the recent developments in the cryptocurrency market. volatile your movements FTX from sales He suggested that it might be due to