Key Points:
FTX Cold Storage #2, a major crypto wallet associated with FTX/Alameda, has been involved in significant cryptocurrency transactions recently.
On November 1st, it redeemed 1,600,645 SOL (worth approximately $65.46 million), with 3,963,725 SOL (around $162 million) remaining staked at the address. Since October 25, this address has transferred 1,259,886 SOL ($40.67 million) to crypto exchanges. These transactions coincide with a 40% increase in SOL value to over $41, a new annual high.
In late October, Wu Blockchain reported FTX Cold Storage #2 unstaked 1.6 million SOL, worth about $58.76 million. However, these funds are still held in the staking account. The wallet also holds over $100 million in various assets, including WBTC, JSOL, mSOL, ETH, and USDT.
On October 26, Lookonchain reporetd that FTX Cold Storage #2 transferred $469,587 SOL ($15.2 million) out, with 250K SOL ($8.1 million) going to exchanges. Of this, 170K SOL ($5.5 million) was transferred to Binance, and 80K SOL ($2.6 million) to Coinbase.
FTX/Alameda’s assets include significant holdings in SOL, BTC, ETH, APT, USDT, XRP, BIT, STG, WBTC, WETH, SRM, MAPS, OXY, MEDIA, FIDA, BRZ.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
This website uses cookies.