Bankrupt FTX Exchange Moves $10 Million in Assets, Sparks Fears of Market Impact

The FTX crypto exchange, currently in bankruptcy, has transferred a significant sum of digital assets, raising eyebrows over potential market ramifications. Fresh data from Arkham Intelligence indicates that the struggling exchange moved assets totaling around $10 million from the Solana network to Ethereum. The transfer, executed since the last day of August, involves $6.23 million in Ether and an additional $4 million in various altcoins. These altcoins include Uniswap valued at $1.8 million, HXRO at $1.3 million, FTX Token at $1.2 million, SushiSwap at $550,000, and Frontier Token with...


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