Addresses linked to the defunct FTX Exchange and Alameda Research have moved more than $60 million in digital assets over the past week, according to blockchain analytical firm Nansen.

The prominent blockchain analytical firm Nansen revealed that the bankrupt exchange transferred millions of crypto assets across different networks throughout the week to Coinbase and Binance.

FTX Transfers More Than $60M

Nansen noted that the exchange had moved $8.6 million in assets, encompassing cryptocurrencies like Chainlink, Avalanche, and Ethereum, earlier in the week. The exchange would later move about $24.3 million in digital assets to Binance and Coinbase.

Looking at these transactions and others, Nansen concluded that FTX had transferred $60 million worth of assets, including 943,000 SOL (around $32 million) moved from its cold storage wallet as of October 27.

Go to Source to See Full Article
Author: Oluwapelumi Adejumo

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details