Rally

Solana

Moonriver

Fortune

Spot

<p>On-chain analytics firm Spot On Chain has detected large transfers of SOL and other tokens from FTX to centralized exchanges amid its ongoing liquidity crisis.</p>
<p>In the past day, <a href="https://twitter.com/spotonchain/status/1722150409643639240" target="_blank" rel="noopener noreferrer nofollow">Spot On Chain</a> identified two major asset movements by FTX:</p>
<ul>
 <li>250,000 SOL worth $10.83 million sent to Binance</li>
 <li>$38.5 million worth of SOL, ENS, GMT, LDO, APE, BADGER, and BNT sent to exchanges</li>
</ul>
<p>This continues a trend of FTX liquidating holdings into more liquid assets, likely to meet withdrawal demands.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="654" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-1024x654.png" alt="" class="wp-image-372392" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-1024x654.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-300x191.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-768x490.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-1536x980.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-2048x1307.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-235x150.png 235w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-100x64.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-548x350.png 548w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153-788x502.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-153.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>On November 7, FTX moved:</p>
<ul>
 <li>750,000 SOL – $31.2 million</li>
 <li>325,501 ENS – $2.76 million</li>
 <li>10.1 million GMT – $2.22 million</li>
 <li>642,702 LDO – $1.26 million</li>
 <li>288,211 APE – $410,000</li>
 <li>127,407 BADGER – $365,000</li>
 <li>555,342 BNT – $323,000</li>
</ul>
<p>Yesterday, FTX sent another 250,000 SOL worth $10.83 million to Binance.</p>
<p>So far, FTX has deposited 5.74 million SOL (approximately $223 million) to various exchanges. Their remaining SOL balance sits at just 1.25 million tokens ($54.5 million).</p>
<p>The large-scale liquidation of FTX’s treasury assets indicates a desperate need for liquidity as users flee the exchange.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/why-is-moonriver-movr-price-up-exploring-the-catalysts-behind-the-rally/" target="_blank" rel="noopener noreferrer nofollow">Why is Moonriver (MOVR) Price Up? Exploring the Catalysts Behind the Rally</a></li>
 <li><a href="https://captainaltcoin.com/estonian-bankers-469000000-ethereum-fortune-locked-away-forever-after-losing-keys-can-anyone-crack-the-eth-wallet/" target="_blank" rel="noopener noreferrer nofollow">Estonian Banker’s $469,000,000 Ethereum Fortune Locked Away Forever After Losing Keys – Can Anyone Crack the ETH Wallet?</a></li>
 <li><a href="https://captainaltcoin.com/join-etuktuks-revolution-only-few-hours-left-at-the-current-price/" target="_blank" rel="noopener noreferrer nofollow">Join eTukTuk’s revolution – Only few hours left at the current price</a></li>
</ul>
<p>Binance dipping into its own reserves to facilitate customer withdrawals has also raised liquidity concerns. However, Spot On Chain notes Binance still holds over 3 million BTC, suggesting a still-robust position.</p>
<p>Overall, the rapid outflows and asset movements paint a bleak picture of solvency challenges at FTX. The coming days will shed more light on whether a liquidity crunch morphs into a full collapse.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ftx-continues-to-offload-solana-and-other-assets-how-much-sol-remains-on-the-exchange/" rel="noopener noreferrer nofollow">FTX Continues to Offload Solana and Other Assets: How Much SOL Remains on the Exchange?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

FTX Continues to Offload Solana and Other Assets: How Much SOL Remains on the Exchange?

目录

CaptainAltcoin

发布于 2023年11月8日的其他文章

Ripple Partners with Onafriq for African Remittance Expansion!

Robinhood Set to Launch Crypto Trading in Europe

Marathon and Riot stocks overpriced? A new report suggests concerns in the Bitcoin mining sector

LAST CHANCE: SelfKey iD is still FREE until November 15th!

Why This Crypto Investor Plans to Liquidate 100% of ETH During Bull Market

Cardano (ADA) Price Surges as Staking Rewards Drive Investor Interest

订阅我们免费的电子期刊，获取每日最新加密领域动态！