Solana

Band Protocol

Polygon

Chainlink

Avalanche

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 On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of alt<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> to leading exchanges.
 According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and Avalanche (AVAX) to top crypto exchanges Coinbase and Binance.
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 “In the past 24 hours, FTX transferred a total of ~$36 million in assets to exchanges.
 Deposited 12.6 million MATIC ($9.4 million) to Coinbase.
 Deposited 10 million MATIC ($7.45 million) to Binance via FalconX.
 Deposited 975,859 AVAX ($19.25 million) to Binance via FalconX.”
 Polygon is trading for $0.78 at time of writing, up 5% in the last 24 hours. Meanwhile, Avalanche is trading for $21.09 at time of writing, up 4.2% in the last 24 hours.
 FTX’s transfers come among other bankruptcy decisions regarding the defunct platform’s digital asset holdings.
 Earlier this month, FTX asked a judge for permission to sell off $744 million worth of Grayscale and Bitwise assets through an investment adviser.
 As of October 28th, Lookonchain tallied $78.7 million in assets that were transferred out of the FTX bankruptcy estate, including the native <a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> of smart contract platforms Solana (SOL) and Ethereum (ETH), decentralized oracle networks Chainlink (LINK) and Band Protocol (BAND), and multi-chain platform Polygon.
 FTX also staked a massive amount of Solana. According to blockchain explorer SolanaFM, the address associated with FTX and its trading arm Alameda Research created a&nbsp;stake of 5,546,217.04 SOL tokens last month.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bankrupt-crypto-exchange-ftx-transfers-36-000-000-worth-of-altcoins-to-exchanges-on-chain-data-tbt71436.html">https://thebittimes.com/bankrupt-crypto-exchange-ftx-transfers-36-000-000-worth-of-altcoins-to-exchanges-on-chain-data-tbt71436.html</a>

Bankrupt Crypto Exchange FTX Transfers $36,000,000 Worth of Altcoins to Exchanges: On-Chain Data

TheBitTimes

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