{"id":86220,"date":"2023-10-26T11:09:22","date_gmt":"2023-10-26T08:09:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86220"},"modified":"2025-09-13T04:10:02","modified_gmt":"2025-09-13T01:10:02","slug":"ftx-and-alameda-linked-wallets-move-20m-to-binance-and-coinbase","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ftx-and-alameda-linked-wallets-move-20m-to-binance-and-coinbase\/","title":{"rendered":"FTX- and Alameda-linked wallets move $20m to Binance and Coinbase"},"content":{"rendered":"<p>Addresses affiliated with the collapsed FTX and Alameda moved more than $10m in cryptocurrency to the accounts of several exchanges within five hours. Lookonchain analysts said.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Are <a href=\\\"https:\/\/twitter.com\/hashtag\/FTX?src=hash&#038;ref_src=twsrc%5Etfw\\\">#FTX<\/a> and <a href=\\\"https:\/\/twitter.com\/hashtag\/Alameda?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Alameda<\/a> asset-receiving wallets selling assets?<\/p>\n<p>The <a href=\\\"https:\/\/twitter.com\/hashtag\/FTX?src=hash&#038;ref_src=twsrc%5Etfw\\\">#FTX<\/a> and <a href=\\\"https:\/\/twitter.com\/hashtag\/Alameda?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Alameda<\/a> asset-receiving wallets transferred 2,904 <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a>($5.18M), 1,341 <a href=\\\"https:\/\/twitter.com\/search?q=%24MKR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$MKR<\/a>($2.02M), 11,975 <a href=\\\"https:\/\/twitter.com\/search?q=%24AAVE&#038;src=ctag&#038;ref_src=twsrc=twsrc%5Etfw\\\">$AAVE<\/a>($1.03M), 198,807 <a href=\\\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc=twsrc%5Etfw\\\">$LINK<\/a>($2.26M) to <a href=\\\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Binance<\/a> and <a href=\\\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&#038;ref_src=twsrc=twsrc%5Etfw\\\">#Coinbase<\/a> via wallet\\&#8221;0xde9A\\&#8221;.<a href=\\\"https:\/\/t.co\/IHNmh2TDcN\\\">https:\/\/t.co\/IHNmh2TDcN<\/a> <a href=\\\"https:\/\/t.co\/2l4U0SdlyF\\\">pic.twitter.com\/2l4U0SdlyF<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\\\"https:\/\/twitter.com\/lookonchain\/status\/1717001732197323055?ref_src=twsrc%5Etfw\\\">October 25, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to on-chain data, wallets belonging to the companies sent to Coinbase and Binance:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>2,904 ETH (~$5.21M);<\/li>\n<li>1,341 MKR (~$2.01M);<\/li>\n<li>11,975 AAVE (~$1.02M);<\/li>\n<li>198,807 LINK (~$2.27M).<\/li>\n<\/ul>\n<p>Later, the firms transferred an additional 974,270 RNDR (~$2M) and 21,967 COMP (~$995,000).<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1\/ FTX\/Alameda sold 974,270 <a href=\\\"https:\/\/twitter.com\/search?q=%24RNDR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$RNDR<\/a> ($2M) and 21,967 <a href=\\\"https:\/\/twitter.com\/search?q=%24COMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$COMP<\/a> ($995K) again, selling a total of $13.5M in assets.<\/p>\n<p>According to our previous analysis, FTX\/Alameda holds a total of ~$3.4B in crypto assets.<a href=\\\"https:\/\/t.co\/eqdYmE51sc\\\">https:\/\/t.co\/eqdYmE51sc<\/a> <a href=\\\"https:\/\/t.co\/mZitQcpXFJ\\\">pic.twitter.com\/mZitQcpXFJ<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\\\"https:\/\/twitter.com\/lookonchain\/status\/1717372363011174546?ref_src=twsrc%5Etfw\\\">October 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>A few hours later, the FTX cold wallet deposited onto trading platforms about 250,000 SOL (~$8.1M).<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">FTX Cold Storage #2 transferred $469,587 <a href=\\\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$SOL<\/a> ($15.2M) out 7 hours ago, of which 250K <a href=\\\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$SOL<\/a>($8.1M) was transferred to exchanges. <\/p>\n<p>170K <a href=\\\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$SOL<\/a>($5.5M) was transferred to <a href=\\\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Binance<\/a>, and 80K <a href=\\\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc=twsrc%5Etfw\\\">$SOL<\/a> ($2.6M) was transferred to <a href=\\\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&#038;ref_src=twsrc=twsrc%5Etfw\\\">#Coinbase<\/a>.<a href=\\\"https:\/\/t.co\/q0qjhcpPGc\\\">https:\/\/t.co\/q0qjhcpPGc<\/a><a href=\\\"https:\/\/t.co\/cxJnFSLmvT\\\">https:\/\/t.co\/cxJnFSLmvT<\/a> <a href=\\\"https:\/\/t.co\/fdA65dnQZE\\\">pic.twitter.com\/fdA65dnQZE<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\\\"https:\/\/twitter.com\/lookonchain\/status\/1717382691728081296?ref_src=twsrc%5Etfw\\\">October 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to analysts, the companies&#8217; addresses still hold around $3.4 billion in various assets.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">2\/ FTX\/Alameda\u2019s assets include:<br \/>$1.162B SOL;<br \/>$560M BTC;<br \/>$192M ETH;<br \/>$137M APT;<br \/>$120M USDT;<br \/>$119M XRP;<br \/>$49M BIT;<br \/>$46M STG;<br \/>$41M WBTC;<br \/>$37M WETH;<br \/>$362M SRM;<br \/>$309M MAPS;<br \/>$164M OXY;<br \/>$72M MEDIA;<br \/>$51M FIDA;<br \/>$28M BRZ;<br \/>\u2026<a href=\\\"https:\/\/t.co\/i6DoZiJZoo\\\">https:\/\/t.co\/i6DoZiJZoo<\/a> <a href=\\\"https:\/\/t.co\/Grji2JnJjs\\\">pic.twitter.com\/Grji2JnJjs<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\\\"https:\/\/twitter.com\/lookonchain\/status\/1717372366819594594?ref_src=twsrc%5Etfw\\\">October 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script> <\/p>\n<p>On September 13, the court <a href=\"https:\/\/forklog.com\/en\/news\/court-approves-plan-for-ftx-to-sell-its-cryptocurrency-assets\">approved<\/a> a plan to sell the bankrupt firm&#8217;s digital assets to satisfy creditors&#8217; claims. Under the order, FTX must liquidate tokens totaling no more than $100m per week for each position. However, with the special committee&#8217;s approval, the limit can be increased to $200m either as a one-off or on a sustained basis. <\/p>\n<p>By mid-2024, the exchange&#8217;s customers may receive payouts on claims of <a href=\"https:\/\/forklog.com\/en\/news\/ftx-clients-could-receive-9-2-billion-by-mid-2024\">$9.2 billion<\/a>. This follows from the plan approved by creditors&#8217; representatives and the company&#8217;s new management.<\/p>\n<p>The claims against FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-creditors-claims-fetch-about-52-cents-on-the-dollar\">rose to 52 cents<\/a> on the dollar in over-the-counter trades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Addresses affiliated with the collapsed FTX and Alameda moved more than $10m in cryptocurrency to the accounts of several exchanges within five hours.<\/p>\n","protected":false},"author":1,"featured_media":86221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1435,1227,1236],"class_list":["post-86220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-alameda-research","tag-cryptocurrency-transactions","tag-ftx"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86220"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86220\/revisions"}],"predecessor-version":[{"id":86222,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86220\/revisions\/86222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86221"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}