According to on-chain data, starting yesterday addresses belonging to FTX and Alameda have transferred multiple crypto assets into Binance and Coinbase, probably for sale. The assets include over 2,900 <a target="_blank" href="https://tokeninsight.com/en/coins/ethereum/overview" rel="noopener noreferrer nofollow">$ETH</a>, along with <a target="_blank" href="https://tokeninsight.com/en/coins/makerdao/overview" rel="noopener noreferrer nofollow">$MKR</a>, <a target="_blank" href="https://tokeninsight.com/en/coins/aave/overview" rel="noopener noreferrer nofollow">$AAVE</a>,<a target="_blank" href="https://tokeninsight.com/en/coins/chainlink/overview" rel="noopener noreferrer nofollow"> $LINK</a>, <a target="_blank" href="https://tokeninsight.com/en/coins/render-network/overview" rel="noopener noreferrer nofollow">$RNDR</a>, and <a target="_blank" href="https://tokeninsight.com/en/coins/compound/overview" rel="noopener noreferrer nofollow">$COMP</a>, totaling around $13.5 million in value.
Last month, Judge John Dorsey in the US Bankruptcy Court for the District of Delaware approved a motion filed by FTX, allowing the exchange to sell, stake, and hedge its crypto holdings to pay back its creditors. According to filings disclosed earlier, FTX held a diverse portfolio of crypto assets valued at $3.4 billion. In mid-October, FTX's addresses staked a large amount of $SOL and $ETH.
Related: <a target="_blank" href="https://tokeninsight.com/en/news/us-court-allows-ftx-to-sell-its-crypto-holdings" rel="noopener noreferrer nofollow">US Court Allows FTX to Sell Its Crypto Holdings</a>
<a target="_blank" href="https://tokeninsight.com/en/news/ftx-s-addresses-staked-5.5m-sol-and-24k-eth-expected-to-earn-9m-per-year" rel="noopener noreferrer nofollow">FTX's Addresses Staked 5.5M $SOL and 24K $ETH, Expected to Earn $9M per Year</a>
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FTX/Alameda Addresses May Have Sold $13.5M Worth of Crypto Assets

TokenInsight

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