Alameda Research received the most funding from FTX US is said to have been pulled out. FTX’s U.S. division, days before the crypto exchange filed for bankruptcy. The majority of the cryptocurrency withdrawn was transferred to his FTX International-owned wallet, suggesting that Alameda may have been working to bridge his two entities. ” said Arkham, a cryptocurrency intelligence firm.
Alameda’s FTX US exchange withdrawal analysis
Crypto intelligence firm Arkham shared analysis on Friday, Alameda Research announced FTX It showed that it had withdrawn the most funds from the US, the US division of FTX, days before the crypto exchange collapsed. Arkham Tweet:
Arkham said in the last few days before the collapse he analyzed flows from FTX US and Alameda said he had the most funds at $204 million. I found it pulled out.
Arkham added that he identified eight different addresses to which Alameda Research withdrew crypto assets. The crypto-intelligence firm noted that
$142.4m (69.8% of the total) out of the $204m was transferred to wallets owned by He FTX International. did. entity.
Since November 6th, Alameda has only withdrawn USD stablecoins,BTCwraps, and Ether from FTX US. Additionally, of the $204 million withdrawn, $38.06 million wasBTC (18.7%), $49.39 million wasETH (24.2%), and $116.52 million is USD-denominated stablecoin ( 57.1%).
“The withdrawn wBTC will be sent to the Alameda WBTC merchant wallet and bridged. BTC was sent to the blockchain in its entirety,” Arkham detailed, withETH withdrawn, $35.52 million sent to FTX, and $1,387 $10,000 has been sent to a large active trading wallet.
USD Stable Tokens were split intoUSDT, USDC, BUSD, and TUSD.
Arkham further added that inUSDT he transferred $10.04 million to Binance, and inUSDT he transferred $32.17 million to USDC. I shared that it was swapped and transferred to FTX. In addition,USDTsent him $47,379,000, USDC $10,151,000, BUSD $16,285,000 and TUSD $500,000 he sent to FTX.
FTX and approximately 130 affiliates, including FTX US and Alameda Research, filed for Chapter 11 bankruptcy on November 11. FTX Group told the bankruptcy court:
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