Before the $13.1 million funds movement on Nov.1, crypto analytic firm Nansen flagged several FTX-linked wallet movements over the past week, depositing millions in various cryptocurrencies on different crypto exchanges.
A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week.The crypto wallets linked to now-defunct crypto exchange FTX and its sister trading firm Alameda Research have sent over $13 million in different altcoins to numerous crypto exchanges early on Nov. 1.
According to data from on-chain analysis firm Spotonchain, the FTX wallet first transferred $8.12 million worth of altcoins to Coinbase. The assets include 46.5 million GRT , 972,073 RNDR , and 708.1 MKR .The wallet addresses of FTX and Alameda Research made another $5.49 million transfer after three hours to Binance and Coinbase. The top 3 assets with the highest value in this transaction include 1.14 million DYDX , 192,888 AXS , and 5,858 AAVE .Prior to the $13.1 million funds movement on Nov.
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