Wow! On-chain data shows that FTX and Alameda addresses are transferring a variety of crypto assets to Binance and Coinbase, possibly for sale! These assets include more than 2,900 $ETH, as well as $MKR, $AAVE, $LINK, $RNDR and $COMP, with a total value of approximately $13.5 million.

In fact, last month, a U.S. court approved FTX to sell, pledge, and hedge its cryptocurrency holdings to repay creditors. It is reported that FTX holds a total of approximately US$3.4 billion worth of crypto assets. In the middle of this month, FTX’s address pledged a large amount of $ETH and $SOL.

The FTX address has pledged 5.5 million $SOL and 24,000 $ETH, and its annual income is expected to exceed $9 million! Is this good news? Let’s talk freely in the comment area! Also, don’t forget to follow us on Twitter and Telegram for more cryptocurrency market updates!