WhaleAlert, the platform that monitors crypto data, shared its new data. According to the latest data transferred, more than 71 million XRP has been transferred to the FTX exchange in the last few hours. It was reported that the altcoin transfer was made as a result of two transactions. The first is 35,774,039 XRP worth $16,631,186. The second is 35,615,409 XRP worth $16,557,439. In both transactions, it was transferred from unknown wallet addresses to the FTX exchange. Also, leading memecoin project DOGE has moved to exchanges including Coinbase and Binance.
These 2 altcoin projects are streaming to cryptocurrency exchanges
As we have reported as Kriptokoin.com; Events between FTX and Binance gained momentum. Leading cryptocurrency exchange Binance has decided to liquidate FTTs. Transfer proceedings are underway after controversy surrounding Alameda’s losses. According to Nansen data, 26,600 leading altcoin ETH was transferred from Alameda to FTX during the day. Likewise, large amounts of stablecoins came out of the FTX exchange from wallet addresses on Huobi, OKX, Kucoin, and other exchanges.
Cybersecurity firm PeckShield reported the previous day that Jump Trading transferred approximately 40.4 million USDC from FTX. A total of $109.8 million worth of cryptocurrencies were transferred from FTX to Nexo, including 56,432 ETH and approximately $13.9 million in stablecoins.
Wu Blockchain reported that FTX’s net stablecoin output was $292 million.
Binance CEO announces liquidation
Binance CEO CZ announced on Sunday that FTX’s native altcoin is liquidating FTTs. Zhao made the following statements in his post:
With the latest rumors emerging, this decision was made.
However, CZ kept the public separate from the context of the event. He did not answer the questions that followed. Etherscan reported on Saturday that 22,999,999 FTT worth $584 million moved from a wallet to the Binance exchange. CZ acknowledged that the migrated tokens were part of the exchange’s decision to sell the FTTs.
Memecoin project transferred to DOGE Binance and Coinbase
Cryptocurrency whales have moved around 256 million Dogecoins (DOGE) to Binance and Coinbase despite Elon Musk’s Twitter takeover. Anonymous whales are interested in moving Dogecoin (DOGE) to crypto exchanges after a sudden price spike last week. After Elon Musk’s acquisition of Twitter, Dogecoin investors are likely to increase their DOGE positions. However, large amounts of Dogecoins are sent daily to crypto exchanges from unknown wallet addresses.
In the past 24 hours, cryptocurrency whales have moved 255,977,440 (255.9 million) DOGE to exchanges including Coinbase and Binance. According to Whale Alert data, two different transactions took place in altcoins. An anonymous crypto whale moved 212.3 million DOGE to Coinbase for the first transaction. The transaction, which took place at 17:10 UTC yesterday, was worth $26.67 million.
Earlier today, another anonymous whale moved 43.67 million DOGE to Binance address.
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