GSR Markets

  • Massive Outflow of stable currency to Crypto Trading Companies by Alameda Research Liquidator

    On March 15th, Arkham Intelligence analysis data showed that after the USDC was anchored, an address associated with the Alameda Research liquidator sent $100 million in stable currency to crypto trading companies Cumberland and GSR Markets. More than $47 million of USDCs were sent to GSR Markets on March 13, and another $50.3 million was sent to Cumberland through two transactions. Alameda’s associated address sent US $100 million in stable currency to Cumberland and GSR Markets after USDC’s anchor release Analysis based on this information:The message talks about a recent development in the world of cryptocurrency. According to the Arkham Intelligence analysis data, an address associated with the Alameda Research liquidator had sent $100 million worth of stable currency to two cryptocurrency trading companies – Cumberland and GSR Markets, after the USDC was anchored. This news is significant because Alameda Research is a well-known cryptocurrency firm that focuses on quantitative trading and offers liquidity solutions to various exchanges. The fact…

    03/15/2023
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