The post FTX and Alameda Research Shift $23.59M in Crypto Assets to Major Exchanges and Galaxy Digital OTC appeared first on Coinpedia Fintech News
The cryptocurrency landscape is abuzz with the latest report from blockchain analytics firm Spot On Chain, revealing a monumental move by industry titans FTX and Alameda Research. These key players have transferred a massive $23.59 million worth of various digital assets to top cryptocurrency exchanges in just four days, a part of a larger scheme involving around $591 million since late October. This news has sent ripples through the crypto community, raising questions and theories about the implications and intentions behind these moves.
These assets were moved to major exchanges such as Binance, Coinbase, OKX, and Galaxy Digital OTC, sparking widespread intrigue and debate.
These developments have sent shockwaves through the crypto market, affecting investor confidence and the perception of the industry’s stability. The situation has also intensified calls for stricter regulatory oversight of cryptocurrency firms and transactions.
The post FTX and Alameda Research Shift $23.59M in Crypto Assets to Major Exchanges and Galaxy Digital OTC appeared first on Coinpedia Fintech News
The cryptocurrency landscape is abuzz with the latest report from blockchain analytics firm Spot On Chain, revealing a monumental move by industry titans FTX and Alameda Research. These key players have transferred a massive $23.59 million worth of various digital assets to top cryptocurrency exchanges in just four days, a part of a larger scheme involving around $591 million since late October. This news has sent ripples through the crypto community, raising questions and theories about the implications and intentions behind these moves.
These assets were moved to major exchanges such as Binance, Coinbase, OKX, and Galaxy Digital OTC, sparking widespread intrigue and debate.
These developments have sent shockwaves through the crypto market, affecting investor confidence and the perception of the industry’s stability. The situation has also intensified calls for stricter regulatory oversight of cryptocurrency firms and transactions.