+3
Nov 07, 2023
SOC Team
FTX and Alameda Research further moved altcoins to exchanges
Outflow
Related addresses
Total tokens transferred
750K
SOL
325.501K
ENS
10.103M
GMT
642.702K
LDO
288.211K
APE
127.407K
BADGER
555.342K
BNT
FTX and Alameda Research transferred out a total of $38.5M worth of seven assets to Kraken, Binance, and Coinbase:
- 750,000 SOL ($31.2M)
- 325,501 ENS ($2.76M)
- 10.1M GMT ($2.22M)
- 642,702 LDO ($1.26M)
- 288,211 APE ($410K)
- 127,407 BADGER ($365K)
- 555,342 BNT ($323K)
Overall, since October 24, FTX and Alameda have transferred out $350M worth of 36 assets to exchanges
- check out the complete list of sold tokens via this spreadsheet here
- FTX entity here
- Alameda Research entity here
- FTX SOL Cold Storage 1: 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA
- FTX SOL Cold Storage 2: 9uyDy9VDBw4K7xoSkhmCAm8NAFCwu4pkF6JeHUCtVKcX
Note that FTX will be permitted to:
- sell off tokens in a series of weekly batches, with an initial limit of $50M for the first week and $100M for subsequent weeks
- sell BTC and ETH only after providing a 10-day notice to the creditors' committee, ad hoc committee, and the U.S. Trustee
Fig 1. The top 10 assets transferred out by FTX and Alameda Research since October 24.