FTX and Alameda Research sold $13.6m worth of crypto assets

Crypto assets totaling $13.6m were transferred from the accounts of FTX and Alameda Research to the Coinbase and Binance exchanges.

As Spot On Chain analysts reported, there were two large tranches in total. The amount of the first was $8.12 million. It included 46.5 million GRT, 972,073 RNDR, and 708,100 MKR.

A few hours later, the companies conducted the second tranche in the amount of $5.49 million. It included 1.14 million DYDX, 192,888 AXS, 5858 AAVE.

In total, $83.6 million worth of crypto assets were transferred from the accounts of FTX and Alameda Research to various exchanges. The previous tranche was recorded at the end of October 2023.

According to September data, FTX owns $3.4 billion worth of crypto assets. The company holds $1.16 billion worth of SOL coins in its accounts, which is more than a third of its total crypto portfolio.

The second largest asset in the FTX portfolio is Bitcoin at $560 million, the third place is occupied by Ethereum with $196 million. Also in the top 10 are APT, USDT, XRP, BIT, STG, WBTC, WETH.

You might also like: Can FTX make a comeback after Bankman-Fried’s trial?
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