{"id":6040,"date":"2023-10-27T12:26:05","date_gmt":"2023-10-27T12:26:05","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=6040"},"modified":"2023-10-27T12:26:05","modified_gmt":"2023-10-27T12:26:05","slug":"ftx-made-a-transfer-of-millions-of-dollars-to-binance","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ftx-made-a-transfer-of-millions-of-dollars-to-binance\/","title":{"rendered":"FTX made a transfer of millions of dollars to Binance!"},"content":{"rendered":"

FTX Made a Transfer of Millions of Dollars to Binance! According to the on-chain analysis firm Nansen<\/strong>, there was a major crypto transfer recently. Major companies like FTX and Alameda Research transferred cryptocurrencies worth millions of dollars to a specific wallet of Binance.<\/p>\n

This transfer operation created a lot of movement in the crypto world. Approximately 2.2 million dollars<\/strong> worth of LINK<\/strong>, 1 million dollars<\/strong> worth of AAVE,<\/strong> 2 million dollars worth of MKR<\/strong> and 3.4 million dollars<\/strong> worth of ETH<\/strong> were first sent to an account starting with 0xde9<\/strong> and then redirected to a Binance<\/strong> address.<\/p>\n

Unfortunately, there is no clear information about the exact purpose of this transaction, but Nansen said that this major transfer could indicate a possible sale. FTX will carry out the tokens to be sold on Binance exchange through a market-making company called Wintermute<\/strong> .<\/p>\n

You might like: Ryder Ripps, Will Pay Yuga Labs $1.6 Million!<\/strong><\/em><\/a><\/p><\/blockquote>\n

\"FTX<\/p>\n

Additionally, Lookonchain reports that FTX’s cold wallets have transferred approximately 15 million dollars<\/strong> worth of SOL<\/strong> in the past 24 hours. Of this transfer, 8.1 million dollars<\/strong> went to other exchanges, while 5.5 million dollars<\/strong> found their way to Binance. This shows that FTX may have sold large amounts of SOL<\/strong> recently. Therefore, various speculations are circulating about these sales transactions and they may well be true.<\/p>\n

After the bankruptcy of FTX, the court had imposed a weekly limit of 100 million dollars<\/strong> for FTX token sales. However, subsequent orders could increase this limit to 200 million dollars<\/strong>.\u00a0Such events have the potential to exert significant downward pressure on the crypto market. Therefore, market participants are approaching with great caution and anxiety due to a possible oversupply.<\/p>\n

\n

In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong>,\u00a0<\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

FTX Made a Transfer of Millions of Dollars to Binance! According to the on-chain analysis firm Nansen, there was a major crypto transfer recently. Major companies like FTX and Alameda Research transferred cryptocurrencies worth millions of dollars to a specific wallet of Binance. This transfer operation created a lot of movement in the crypto world.<\/p>\n","protected":false},"author":2,"featured_media":6039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[637,22,1393,2195,105,496,2196,2197,1527,319],"class_list":["post-6040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-aave","tag-binance","tag-binance-ftx","tag-coin-transfer","tag-ethereum","tag-ftx","tag-link","tag-mkr","tag-sol","tag-solana"],"yoast_head":"\nFTX made a transfer of millions of dollars to Binance! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"FTX Made a Transfer of Millions of Dollars to Binance! 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