They Sold Another $22 Million Of 9 Altcoins Today

FTX and Alameda Research once again continued their trend of transferring assets, transferring approximately $22 million in assets.

Altcoins that are most likely moved to stock exchanges for sale include:

• 6,264,903 IMX ($9.12 million) to Coinbase
• 1,643 ETH ($3.43 million) to Coinbase
• 20 million GMT ($5.29 million) to Binance
• 2,627,329 AUDIO ($497 thousand) to Coinbase
• 102,669 BAL ($389 thousand) to Galaxy Digital OTC
• 2,243,756 LOOKS (261 thousand dollars) to OKX
• 441,425 UNI ($2.69 million) to Galaxy Digital OTC
• 801,893 WOO ($179 thousand) to Binance
• 77.77B SHIB ($652k)

IMX price rose by 12.57% in the last 24 hours and then fell by approximately 5% following the sell-off.

There are still large amounts of altcoins in FTX and Alameda wallets. FTT worth $1.1 billion, BTC worth $151 million, WLD worth $60 million, STG worth $59 million, BIT worth $54 million, ETH worth $36 million and many other small-scale cryptocurrencies are kept stable in known wallet addresses.

FTX’s new management is expected to sell these assets and refund its customers whose money remained inside during the bankruptcy.

*This is not investment advice.