71 Million XRP Moved by Whales to FTX in Flurry of Exchange Transfers

United States News News

71 Million XRP Moved by Whales to FTX in Flurry of Exchange Transfers
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Someone just moved 71 million XRP to FTX, reasons yet unknown XRPArmy XRPCommunity $XRP XRPHolders Crypto

The FTX exchange is seeing a flurry of transfers in the wake of Binance's decision to liquidate its FTT holdings and the controversy surrounding Alameda's balance sheet.

According to Nansen data, 26,600 ETH were transferred from Alameda to FTX over the last day. Likewise, a large amount of stablecoins from wallets on Huobi, OKX, Kucoin and other exchanges has moved toward and away from the FTX exchange. Cyber security intelligence firm PeckShield reports that, on the previous day, Jump Trading withdrew around 40.4 million USDC from FTX. A total of $109.8 million worth of cryptocurrency, including 56,432 ETH and around $13.9 million in stablecoins, were transferred from FTX to crypto lending platform Nexo.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

288 Million XRP Wired by Ripple and Whales as XRP Briefly Rises 11.73%288 Million XRP Wired by Ripple and Whales as XRP Briefly Rises 11.73%Ripple has shifted 100 million to an anonymous wallet with whales transferring almost twice as much
Read more »

FTX Ventures' Amy Wu: VC deals during bull market lacked proper due diligenceFTX Ventures' Amy Wu: VC deals during bull market lacked proper due diligenceCrypto VCs discuss investing in a bear market, contrasting it with investing when prices were booming.
Read more »

Binance Dumps FTX as FTT Loses 11% in 24 HoursBinance Dumps FTX as FTT Loses 11% in 24 HoursFTX token down 11% as 23 million transferred to Binance for dump ftx ftt binance bnb $ftt $bnb
Read more »

Binance to Sell Rest of FTX Token Holdings as Alameda CEO Defends Firm's Financial ConditionBinance to Sell Rest of FTX Token Holdings as Alameda CEO Defends Firm's Financial Condition.cz_binance says binance is selling $FTT holdings in wake of coindesk scoop. Meanwhile, carolinecapital says her firm AlamedaResearch is stronger than balance sheet CoinDesk wrote about suggests and offered to buy Binance's holdings. by 0x_Tracy
Read more »

Here's What's Happening with FTX and Why It Is Selling Millions Worth of StablecoinsHere's What's Happening with FTX and Why It Is Selling Millions Worth of Stablecoins$FTT faces enormous pressure, but FTX plans on bailing out its own cryptocurrency, injected millions of dollars into platform
Read more »

Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token HoldingsOpen Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token HoldingsOpen interest in futures tied to FTT has doubled to $203 million as traders scramble to hedge against potential slide in FTX's native token. Reports godbole17.
Read more »



Render Time: 2025-02-22 02:30:51