Strategic Move

  • FTX Funds Transfer to Alameda Research Reveal Strategic Move

    It is reported that @ JieData, an observer on the chain_ Com data monitoring shows that the funds of FTX related addresses (beginning with 0x77f and 0x97f) began to flow out today, with a total of US $48.17 million transferred to Alameda Research. The relevant address of FTX transferred US $48.17 million to Alameda, and part of it has been transferred to Coinbase and Coinbase Analysis based on this information:According to a recent report by @JieData, an observer on the Chain Com data monitoring system, FTX, a popular cryptocurrency exchange, has transferred funds totaling $48.17 million to Alameda Research. The funds were transferred from addresses beginning with 0x77f and 0x97f to Alameda Research. This development has raised questions among crypto enthusiasts with many speculating on the motive behind such a move. Alameda Research is a successful quantitative trading firm known for its involvement in trading and liquidity provision across various cryptocurrency exchanges. Why would FTX transfer such a huge amount…

    03/14/2023
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