$23.59 million was transferred recently, and it was divided among 19 different tokens, including LINK, DOGE, ETH, ALEPH, CRV, AVAX, MATIC, UNI, and SOL.
$23.59 million worth of digital assets were transferred over the course of four days by wallets connected to the now-defunct cryptocurrency trading companies FTX and Alameda Research to leading exchanges.
Using 59 distinct cryptocurrency tokens, the defunct entities are estimated to have transferred $591 million since October 24 by blockchain analytics firm Spot On Chain, which discovered the movement.
The most recent transfer of $23.59 million was divided among 19 tokens by the wallets associated with FTX: $6.8 million worth of Ether, $6.41 million worth of Aleph.im (ALEPH) tokens, $2.48 million worth of Curve DAO (CRV) tokens, $990,000 worth of Avalanche, and $848,000 worth of Chainlink’s
Furthermore, the transfers involved $6.07 million in a variety of assets, such as Pundi X (PUNDIX), Reserve Rights (RSR), Dogecoin, Bitcoin Cash, Chromia (CHR), Axie Infinity, Polygon’s Uniswap, Orbs (ORBS), Frax Share (FXS), Polkadot, STEPN, 1inch (1INCH), and Solana. These assets were transferred to major exchanges like Binance, Coinbase, OKX, and Galaxy Digital OTC via the FTX wallets.
$10 million was moved from the FTX and Alameda wallets to a single wallet address on October 24. This money was then transferred to Coinbase and Binance accounts. A similar transaction took place between the parties on November 1st, when $13.1 million was transferred to Coinbase and Binance accounts.
The funds have been moving since FTX and Alameda started helping investors retrieve their assets in March. Stablecoins valued at $145 million were being transferred by three wallets connected to FTX and Alameda Research to Coinbase, Binance, and Kraken at that time.
Of the total, $74.94 million in USD Coin and $69.64 million in Tether were transferred to custodial wallets on cryptocurrency exchanges. was moved to a custodial wallet on Coinbase.
Despite having retrieved over $5 billion in cash and liquid cryptocurrency, the problematic cryptocurrency exchange still owes $3.8 billion in outstanding liabilities.