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FTX and Alameda Research Wallets Sent $13 million+ Altcoins to Exchanges!

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Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Crypto wallets linked to FTX and its sister firm, Alameda Research, sent more than $13 million in altcoins to various crypto exchanges on Nov. 1. The FTX wallet transferred $8.12 million to Coinbase, with assets including 46.5 million GRT, 972,073 RNDR, and 708.1 MKR. Another $5.49 million was transferred to Binance and Coinbase, with the top three assets being 1.14 million DYDX, 192,888 AXS, and 5,858 AAVE. The wallets continued to send altcoins to exchanges after a court-ordered phase-out liquidation process allowed FTX to sell digital assets worth over $3 billion.

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