FTX, Alameda Continue Coinbase Deposits with $4.17M CRO Transfer

• Bankrupt crypto firms FTX and Alameda deposited CRO worth $4.17M to Coinbase. 
• The deposit follows previous transfers to Coinbase in the past two weeks worth over $13.99M. 
• FTX and Alameda wallet addresses continue to hold over $278 million in crypto assets.

A series of transfers from bankrupt cryptocurrency exchange platform FTX and sister company Alameda Research to Coinbase have raised speculations in the crypto community. The recent transfer follows previous transactions between the two companies and Coinbase. 

Shedding more light on the transactions, on-chain data tracker SpotOnChain tweeted that FTX and Alameda deposited 44.19M CRO tokens to Coinbase. The transfer, which occurred in four tranches, occurred in the early hours of Thursday and is worth around $4.17m. 

SpotOnChain disclosed that FTX and Alameda had cumulatively deposited tokens worth $13.99M in Coinbase in the past two weeks. Tokens deposited include ETH, CRO, MATH, MPL, and BLZ. 

Despite the transfers, the wallet addresses of FTX and Alameda continue to hold over $278 million worth of crypto assets. According to data on SpotOnChain, the largest holding in the wallet addresses is the …

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