FTX, Alameda wallets move $38M to exchanges in 37 days
Wallet addresses linked to the collapsed FTX exchange and Alameda Research moved at least $38.8 million in digital assets to exchanges in 2024.
Crypto wallets linked to the defunct FTX exchange and its sister company, Alameda Research, have sent over $38.8 million in digital assets to numerous crypto exchanges since January 2024.
According to data tracked by blockchain analytics firm PeckShield, wallets linked to both organizations transferred at least $7 million in February to exchanges. On Feb. 4, the addresses moved $2.6 million in Ether (ETH) to Coinbase and about $1.1 million in Ton (TON) and Fantom (FTM) to FalconX and Wintermute. On Feb. 6, the crypto wallet addresses moved at least $3.3 million in various assets to Coinbase, Coinbase Prime, FalconX and Binance.
In January, the crypto wallets linked to FTX and Alameda moved at least $35 million to exchanges. On Jan. 4, the wallets transferred $4.1 million in Cronos (CRO) to Coinbase. The wallets followed it up with another $2.4 million in ETH transfer to Coinbase and a 200 Wrapped BTC (WBTC), worth $9 million, transfer to Binance on Jan. 9.
...