Ethereum

Bitcoin

Gains

<ul class="news-points">
 <li>The wallet also moved 2,010 ETH worth $6.1M and JOE tokens worth $3.25M.</li>
 <li>FTX treasury wallet moved 195.87M FTT valued at $246.8M to a new destination.</li>
 <li>These transactions came amid the recent relief rally in the crypto market, with Bitcoin regaining $64K.</li>
</ul>
A wallet affiliated with bankrupt exchange FTX has been spotted migrating crypto funds to a new destination, largely the platform’s native token, FTX. Lookonchain, a crypto surveillance account on X, called attention to this latest move from FTX in an update.
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 6 hours ago, FTX: FTT Treasury transferred all assets to a new wallet, including: 195.87M <a href="https://twitter.com/search?q=%24FTT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTT</a>($246.8M) 1,938 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($5.94M) 6.36M <a href="https://twitter.com/search?q=%24JOE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$JOE</a>($3.25M) Address: 0x2a4F8d77bAde18256b1BDB3cF8782645037f60d3 <a href="https://t.co/vJXmYsC2Ek" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vJXmYsC2Ek</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1781142504030740772?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 19, 2024</a>
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Per the revelation, FTX’s treasury wallet transferred all assets to a new wallet in multiple transactions within the last 24 hours. Of the moving tokens, FTT wields the most staggering dollar sum. Specifically, the wallet transferred 195.87 million FTT coins valued at $246.8 million.&nbsp;
Other transactions from the FTX treasury wallet valued in millions of dollars included Ethereum and JOE t…
The post <a href="https://coinedition.com/ftx-treasury-wallet-moves-out-247m-ftt-amid-market-gains/" rel="noopener noreferrer nofollow">FTX Treasury Wallet Moves Out $247M FTT Amid Market Gains</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

FTX Treasury Wallet Moves Out $247M FTT Amid Market Gains

Coin Edition

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