In an intriguing demonstration of cryptocurrency activity, FTX-associated addresses have transferred $10.49 million in different assets to Wintermute’s deposit addresses on Binance and Coinbase within recent hours.
According to Arkham Intelligence data, significant amounts of crypto were moved in a sequence of transactions, suggesting FTX’s exploration of investment diversification strategies.
FTX Massive Fund Movements
According to data analysis from the platform Arkham Intelligence, the large deposits associated with FTX consist of substantial amounts of Ethereum, MKR, LINK, and AAVE.
The analysts observed cryptocurrency movements between Alameda, FTX, Binance, and Coinbase wallets in the hours before writing this report.
The initial transaction a few hours ago involved the transfer of 2,904 ETH valued at $5.18 million from a crypto wallet (0x8c8Caa) to the known Wintermute address (0xde9A61).
In the subsequent transaction, approximately 1,904 ETH worth about $3.38 million was mo
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