- Bankrupt FTX and Alameda projects transfer $13.6 million to major exchanges in 24 hours.
- Cumulatively, they have moved over $83 in various cryptocurrencies within a week.
- FTX and Alameda still control over half a billion dollars in various cryptocurrencies.
In a recent development, it has come to light that addresses closely associated with the bankrupt crypto projects FTX and Alameda have engaged in significant transfers again within the last 24 hours.
According to multiple on-chain tracking resources, FTX-tagged wallets have moved six crypto assets worth over $13.6 to crypto exchanges Binance and Coinbase (NASDAQ:COIN) today alone. Their most recent crypto movement at the reporting time was valued at $5.49 million.
These transfers encompassed a range of popular Ethereum Virtual Machine (EVM) tokens. It includes $2.64 million in DYDX, $1.05 million in AXS, $520,000 allocated to AAVE, and $4.85 million directed towards GRT. Prominent Chinese reporter Colin Wu captured the development in a recent post on X (formerly Twitter)
According to Spot On Chain, addresses related to FTX and Alameda transferred $13.6m to Binance and Coinbase today, including $2.64m DYDX, $1.0…The post FTX and Alameda Research Dump $83.6 Million on Binance, Coinbase appeared first on Coin Edition.