BOBA Archives - Coin Engineer https://coinengineer.net/blog/tag/boba/ Btc, Coins, Pre-Sale, DeFi, NFT Sun, 04 Feb 2024 19:25:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png BOBA Archives - Coin Engineer https://coinengineer.net/blog/tag/boba/ 32 32 FTX and Alameda Research Resume Selling Assets https://coinengineer.net/blog/ftx-and-alameda-research-resume-selling-assets/ https://coinengineer.net/blog/ftx-and-alameda-research-resume-selling-assets/#respond Sun, 04 Feb 2024 19:25:12 +0000 https://coinengineer.io/blog/?p=11026 Bankrupt crypto companies FTX and Alameda Research have been observed making altcoin sales from their wallets. Alameda transferred $3.6 million worth of crypto to exchanges, including $2.5 million in Ethereum to Coinbase. You might like: Bitcoin Price Target From Major Investment Firm: $2.3 Million The two companies have sold a total of $713 million in crypto

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]]> Bankrupt crypto companies FTX and Alameda Research have been observed making altcoin sales from their wallets. Alameda transferred $3.6 million worth of crypto to exchanges, including $2.5 million in Ethereum to Coinbase.

You might like: Bitcoin Price Target From Major Investment Firm: $2.3 Million

The two companies have sold a total of $713 million in crypto since October 2023. Despite the sales, FTX and Alameda still hold significant investment assets, totaling $1 billion. The future actions of these companies and their remaining assets are worth watching.

Details:

  • Alameda Research transferred 3.6 million USD worth of crypto to various exchanges, including Coinbase (2.5 million USD in ETH), FalconX, and Wintermute (1 million USD in TON).
  • FTX and Alameda have sold a total of 713 million USD worth of crypto since October 2023, including ETH, SOL, and AVAX.
  • The companies still hold significant investment assets, with FTX at 631 million USD and Alameda at 321 million USD, totaling 1 billion USD.
  • Notable assets held by FTX include FTT (448.64 million USD), TON (14.10 million USD), and BOBA (21.41 million USD).
  • The motivations behind these asset sales and future plans of the companies remain unclear.

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