## Again? Alameda on that side just dumped another 23,639 ETH into Wintermute, with a market value of about $65 million.
After FTX went bankrupt and entered liquidation, most of this money will ultimately turn into the exchange’s sell orders. This is typical local plumbing—don’t expect any “waves.” It’s basically intended to be digested by another platform in the near term.
These kinds of real-money trades that are “settled via the exchange as a hedge,” have happened many times historically—the news itself shows that the liquidation pressure is high. The dip-buying for longs is only a collateral transfer operation. In the short term, around $3,700, you can’t make the brazier so large that it covers the whole area.
There are quite a few signals in this move. Just keep watching whether the price has finished “processing” in the granary, and whether the hands waiting to take over have reached out.
$ETH #FTX #Alameda #链上数据 #Wintermute
After FTX went bankrupt and entered liquidation, most of this money will ultimately turn into the exchange’s sell orders. This is typical local plumbing—don’t expect any “waves.” It’s basically intended to be digested by another platform in the near term.
These kinds of real-money trades that are “settled via the exchange as a hedge,” have happened many times historically—the news itself shows that the liquidation pressure is high. The dip-buying for longs is only a collateral transfer operation. In the short term, around $3,700, you can’t make the brazier so large that it covers the whole area.
There are quite a few signals in this move. Just keep watching whether the price has finished “processing” in the granary, and whether the hands waiting to take over have reached out.
$ETH #FTX #Alameda #链上数据 #Wintermute
