Wallets belonging to FTX and Alameda moved some of the altcoins they held.
On-chain data analyst Lookonchain revealed activity in wallets belonging to FTX and Alameda. FTX and Alameda wallets moved altcoins worth more than $20 million to different addresses. Altcoins moved by FTX and Alameda attracted attention.
FTX is in the process of restructuring. The once bankrupt crypto exchange is now preparing to come back to market. The exchange, which received approval from the court to sell its assets, continues to move, especially in some altcoins.
Altcoins moved by FTX and Alameda attracted attention!
According to the data shared by Lookonchain on the X platform, wallets belonging to FTX and Alameda transferred some altcoins. Although it is not known whether the wallets sold these altcoins, the transfer transaction attracted attention.
Today #FTX/#Alameda transferred ~$22M assets again, including:
6.26M $IMX($9.12M)
20M $GMT($5.29M)
1,643 $ETH($3.43M)
441,425 UNI($2.69M)
77.77B $SHIB($652K)
102,651 $BAL($389K)
2.24M $LOOKS($261K)
801,893 $WOO($179K) pic.twitter.com/VUqWBiNj5G— Lookonchain (@lookonchain) December 2, 2023
Lookonchain stated that the wallets, which it stated belonged to FTX and Alameda, moved a total of $ 22 million in crypto assets. These assets are as follows;
- 6.26 million worth approximately $9.12 million IMX
- 20 million worth approximately $5.29 million GMT
- 1,632 worth approximately $3.43 million ETH
- 441,425 worth approximately $2.69 million UNI
- 77.77 billion worth approximately $652 thousand SHIB
- 102,651 worth approximately $389 thousand HONEY
- 2.24 million worth approximately $261 thousand LOOKS
- 801,893 worth approximately $180 thousand WOO
According to on-chain data, some cryptocurrencies were transferred to a new wallet, while others were transferred to Coinbase and Binance exchanges.
As BTC approached 39 thousand dollars, altcoins were also seen to revive. The timing of FTX and Alameda wallets attracted attention.
The fact that wallets mainly transfer IMX and GMT made investors of these altcoins nervous. However, due to positive market conditions, transfer transactions did not create downward volatility.
