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$2,555.00 1.87015
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$151.16 2.70144
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$108,812.00 0.67772
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Ethereum
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$2,555.00 1.87015
Ethereum price
BNB
BNB (BNB)
$662.87 1.27115
BNB price
Solana
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$151.16 2.70144
Solana price
XRP
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$2.28 2.3402
XRP price
Shiba Inu
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$0.0000118 2.99723
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Pepe
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$0.00001 3.27635
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Bonk
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$0.0000222 21.22997
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dogwifhat
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Bitcoin
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$2,555.00 1.87015
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BNB
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$662.87 1.27115
BNB price
Solana
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$151.16 2.70144
Solana price
XRP
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$2.28 2.3402
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Shiba Inu
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$0.0000118 2.99723
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Pepe
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$0.00001 3.27635
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Bonk
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$0.0000222 21.22997
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dogwifhat
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Bitcoin
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Ethereum
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$2,555.00 1.87015
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BNB
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$662.87 1.27115
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Solana
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$151.16 2.70144
Solana price
XRP
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$2.28 2.3402
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000118 2.99723
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 3.27635
Pepe price
Bonk
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$0.0000222 21.22997
Bonk price
dogwifhat
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$0.886673 7.05124
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Popcat
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$0.302539 2.41428
Popcat price

FTX and Alameda transferred $24m in crypto Kraken and OKX

Yana Khlebnikova
Edited by
News
FTX and Alameda transferred $24m in crypto Kraken and OKX

Firms from Sam Bankman-Fried’s bankrupt empire, FTX and Alameda Research, reportedly transferred $24 million worth of crypto assets to the Kraken and OKX crypto exchanges.

FTX‘s strategy to convert digital assets into cash was another attempt to stabilize its financial position after filing for bankruptcy.

https://twitter.com/spotonchain/status/1724216328352047308

In total, firms transferred 250,000 Solana (SOL) ($13.5 million), 8.27 million Polygon (MATIC) ($7.41 million), and 1,500 Ether (ETH) ($3.1 million) to exchanges.

As of Nov. 14, the total value of assets transferred by FTX and Alameda to various exchanges is a staggering $438m, spread across 42 different tokens.

Against such impressive transfers, FTX liquidity is shrinking: only 3,408 SOL ($179,000) remains in cold storage. However, a huge cache of 42.2 million SOL ($2.19 billion) remains locked and will be gradually unfrozen from next year until 2027 or 2028.

Amid the movement of assets, the price of SOL fell 6.90% over the past 24 hours, to $54.47. MATIC, on the contrary, increased by 8.47% to $0.9622. The price of ETH remained virtually unchanged, falling only 0.43% (to $2,049.70 over the last 24 hours).

In early November, analysts said that FTX and Alameda moved addresses worth $50.5 million onto various exchanges. From Oct. 24 to Nov. 8, FTX and Alameda Research moved 36 assets worth $350 million, according to Spot On Chain calculations.