Nov 06, 2023
SOC Team
FTX further deposited SOL to exchanges
Outflow
Related addresses
Total tokens transferred
4.737M
SOL
[Updated] FTX just deposited 500,000 SOL ($20.1M) to Binance and Kraken at $40.25 on November 6, 5:46 PM (UTC):
- transaction 1: dAdy4LzMDW332mfjXF6dPvAo9VtfeRUu5xGMf7NzphWJGnckrS6YMgg5UWX2D2VCrVjAwvmE1me1U9Gbzxd7gtj
- transaction 2: emTAyE6cGZuPDnys36qPeote345cWFYkYqW4ZikZvrN6tS7HHnz5PvtMSUECoNtWvots76b85QLdZ6YmSR9HbXn
- address 1: 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA
- address 2: 9uyDy9VDBw4K7xoSkhmCAm8NAFCwu4pkF6JeHUCtVKcX
Overall, FTX has transferred out 1.25M SOL ($50.1M) to Binance and Kraken in the past 14 hours.
Currently, they still hold 2.25M SOL ($94.9M) and may continue to deposit SOL to exchanges in the next few days.
Overall, since October 24 (12 days ago), FTX and Alameda Research have deposited $309M worth of 30 tokens to exchanges, among which are 4.74M SOL ($181M).
- check out the complete list of assets transferred out by FTX and Alameda Research here
Fig 1. FTX transferred 1.25M SOL ($50.1M) to exchanges in the past 14 hours.
Fig 2. The updated top 10 assets transferred out by FTX and Alameda since October 24.
[Previous 2] FTX just deposited 750,000 SOL ($30M) to Binance and Kraken at an average price of $40 on November 6, 3:06 AM (UTC):
- transaction 1: 3zLYAhCgL8Y8yk9RAgygFUnRhMYPbkRiCwwDSfNXU9KEEqa179BammzrEHciz1g6BBPTJt32CSxYbdgZV73ukmYM
- transaction 2: bVU2rLKqFVF9itycEeiSXxqMZ3qSF3ZB7NeQucgYvxDmRiYF3ZNrCK6Ghcy9x8zZzv7nzFTJCC4HZSU8SRzcQzT
- address: 9uyDy9VDBw4K7xoSkhmCAm8NAFCwu4pkF6JeHUCtVKcX
Notably, FTX unstaked the remaining 3.96M SOL ($156M) 3 days ago and has transferred out a total of 1.55M SOL ($61.3M) at an average price of $39.5 in the past 3 days.
Currently, they still hold 2.75M SOL ($110M) and may continue to deposit SOL to exchanges in the next few days.
Overall, since October 24 (12 days ago), FTX and Alameda Research have deposited $289M worth of 30 tokens to exchanges, among which are 4.24M SOL ($161M).
- check out the complete list of assets transferred out by FTX and Alameda Research here
Fig 3. FTX transferred 1.55M SOL ($61.3M) to exchanges in the past 3 days.
[Previous 1] FTX further deposited 800,000 SOL ($32.7M) to Binance and Kraken at an average price of $40.9 in the past 24 hours (as of November 2, 2023 UTC):
- transaction 1: 2BRRLoZAk9AqPkzZWUhycgxsYdXCeWHGbivVXThrdKimvAr9YonY39fMSRU925ekiiFJka3pdDb5htuFZ1Dkide2
- transaction 2: 4zuiYmW6zAPSDWB4fEvpFS1fQbmfbGtiQVJ8PH2e8e4tVPM7kJbJePPGbWP1Ww9SmQfU4gCLQL3FSfJWGHyXaxDA
- transaction 3: 3Qh1jdd9TFvzFQAxbAg1Dp6PpFhvu9W5ueiUGoJeYR5U7XrY3Fh5jYzAwwt1JwTB416r4tiUGYK9CB51qvuudhfh
Overall, FTX and Alameda Research have deposited 2.69M SOL ($99.2M) to exchanges since October 24 (10 days ago).
Currently, they still hold 4.26M SOL ($164M), of which 3.96M SOL ($152M) is under staking.
Note that the recent surge in the SOL price may be due to the event Breakpoint 2023. For the past three years, the SOL price tended to soar during the event and drop afterward.
Moreover, in terms of EVM tokens, FTX and Alameda also transferred 4,398 ETH ($7.92M), 116.8 YFI ($663K), and 7,885 COMP ($369K) to exchanges around 16 hours ago.
Fig 4. FTX further deposited 800,000 SOL ($32.7M) to exchanges in the past 24 hours.