$ETH
FTX and Alameda’s dead ghost is back again, clawing for attention. The liquidation team, in one go, transferred 27,372 ETH into market maker Wintermute’s accounts via six different wallets.
A pile of roughly $75.32 million in chips was simply stuffed straight into the market maker’s books—most likely another delegated sell-off. The liquidation sell pressure hanging over the market clearly isn’t going to give the order book even a moment to breathe.
Even entities that have long since gone bankrupt keep pulling cash out nonstop. Their execution and efficiency in carrying out these sales are, if nothing else, remarkably decisive.
FTX and Alameda’s dead ghost is back again, clawing for attention. The liquidation team, in one go, transferred 27,372 ETH into market maker Wintermute’s accounts via six different wallets.
A pile of roughly $75.32 million in chips was simply stuffed straight into the market maker’s books—most likely another delegated sell-off. The liquidation sell pressure hanging over the market clearly isn’t going to give the order book even a moment to breathe.
Even entities that have long since gone bankrupt keep pulling cash out nonstop. Their execution and efficiency in carrying out these sales are, if nothing else, remarkably decisive.
