FTX's Strategic Crypto Sales Amid Market Surge


FTX, a prominent name in the crypto world, has made strategic moves amidst the recent market upsurge. The platform astutely capitalized on the escalating prices, executing sizable sales of multiple cryptocurrencies. A detailed breakdown reveals that they divested $5 million each of $SOL and $ETH, followed by $2.3 million of $LINK, $2 million of $MKR, and $1 million of $AAVE.



In terms of transaction logistics, these funds initially resided in a cold wallet. They were later transferred to a hot wallet, post which all the aforementioned coins found their way to various exchanges for sale.



For those keen on diving deeper into this transaction trail, an accessible resource is the @loch_chain platform. A direct link leading to the @FTX_Official wallet provides comprehensive transaction history and can be found here: https://app.loch.one/home/0xde9A61c2b776e2F4C6ddB0C9Ad5cCfCfC15B0a9B?redirect=intelligence/transaction-history. This link offers insights into the strategic decisions of FTX, offering a window into their market manoeuvres. As always, keeping an eye on major players can yield significant market insights for enthusiasts and investors alike.

FTX's Strategic Crypto Sales Amid Market Surge


FTX, a prominent name in the crypto world, has made strategic moves amidst the recent market upsurge. The platform astutely capitalized on the escalating prices, executing sizable sales of multiple cryptocurrencies. A detailed breakdown reveals that they divested $5 million each of $SOL and $ETH, followed by $2.3 million of $LINK, $2 million of $MKR, and $1 million of $AAVE.



In terms of transaction logistics, these funds initially resided in a cold wallet. They were later transferred to a hot wallet, post which all the aforementioned coins found their way to various exchanges for sale.



For those keen on diving deeper into this transaction trail, an accessible resource is the @loch_chain platform. A direct link leading to the @FTX_Official wallet provides comprehensive transaction history and can be found here: https://app.loch.one/home/0xde9A61c2b776e2F4C6ddB0C9Ad5cCfCfC15B0a9B?redirect=intelligence/transaction-history. This link offers insights into the strategic decisions of FTX, offering a window into their market manoeuvres. As always, keeping an eye on major players can yield significant market insights for enthusiasts and investors alike.

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