While the hearings continue in the case in which former FTX CEO Sam Bankman-Fried is accused of fraud, FTX’s new management continues to make sales from the cryptocurrency assets they saved.
The management made a $500,000 Civic (CVC) sale yesterday.
When Onchain data is examined, it seems that large cryptocurrency transfers took place earlier today.
According to the latest data, FTX management sold the following altcoins in the indicated amounts:
- 309,185 SOL (valued at $10 million)
- 2.03 million BAND (worth $3.15 million)
- 3.82 million PERP (valued at $2.3 million)
- 46.67 million TRU (worth $1.78 million)
- 4.39 million BICO (worth $1 million)
- 915,048 KNC (worth $686 thousand)
- 7,275 BOND (worth $30K)
All the transfers the company has made so far are as follows:
- 1,096,386 SOL (valued at $35,391,341)
- 4,858 ETH (worth $8,685,526)
- 532,116 LINK (worth $5,833,246)
- 7,813,727 MATIC (valued at $4,939,284)
- 2,034,819 BAND (valued at $3,148,779)
- 1,096,717 DYDX (valued at $2,532,165)
- 3,821,488 PERP (valued at $2,312,950)
- 974.27 RNDR (valued at $2,009,769)
- 488.25 UNI (worth $2,001,083)
- 1,097,482 LDO (valued at $1,984,571)
- 1,341 MKR (worth $1,921,190)
- 46,670,208 TRU (valued at $1,778,444)
- 1,647,132 AGLD (valued at $1,308,152)
- 11,975 AAVE (valued at $1,025,709)
- 4,392,484 BICO (valued at $1,005,750)
- 21,967 COMP ($994,939 value)
- 1,160,644 SUSHI ($703,762 worth)
- 915,048 KNC (valued at $686,286)
- 5,475,522 CVC (valued at $478,687)
- 7,275 BONDs (valued at $30,329)
A total of approximately 78 million dollars of sales were made.
*This is not investment advice.