Over four days, wallets linked to defunct crypto trading firms FTX and Alameda Research moved $23.59 million worth of digital assets to top cryptocurrency exchanges.
Blockchain analytics firm Spot On Chain identified the movement, estimating that the defunct entities have transferred $591 million since Oct. 24 using 59 different cryptocurrency tokens.
The wallets linked to FTX spread the latest transfer of $23.59 million across 19 tokens: 3,150 Ether (ETH) worth $6.8 million, 59.6 million Aleph.im (ALEPH) worth $6.41 million, $2.48 million of Curve DAO (CRV) tokens, $990,000 of Avalanche (AVAX) and $848,000 of Chainlink’s (LINK).
#FTX and #Alameda Research moved out $23.59M worth of 19 assets to #Binance, #Coinbase, #OKX, #GalaxyDigital OTC in the past 4 days, including:
3,150 $ETH ($6.8M)
59.6M $ALEPH ($6.41M)
3.60M $CRV ($2.48M)
33,388 $AVAX ($990K)
50,282 $LINK ($848K)
and $6.07M worth of 14 other… https://t.co/qnrBHqPpmY pic.twitter.com/dHAXKDGJn7— Spot On Chain (@spotonchain) December 9, 2023
Additionally, $6.07 million in diverse assets, including PUNDIX, RSR, DOGE, BCH, CHR, AXS, MATIC, UNI, ORBS, FXS, DOT, GMT, 1INCH, and SOL, were involved in the transfers. The FTX wallets moved these assets to large exchanges such as Binance, Coinbase,…
