On-Chain Data of Notable FTT Tokens Transfers

1. On-chain data shows that the FTX exchange address increased holdings of 6.22 million FTT in the past 24 hours.

2. Significant crypto assets held on Alameda Research’s balance sheet are all down, with FTT slumping nearly 12% in the past hour and 20% in the past 24 hours, while SOL and SRM decreased 4% and 2.7%, respectively, in the past hour. According to CoinGlass data, about $8.19M of FTT positions have been liquidated in the past 24 hours, of which about $1.36M was liquidated in the past hour. The current FTT open position is about $200M.

3. A PeckShield community contributor has found $284M worth of crypto, including 23,843 ETH and $248M stablecoins, have been withdrawn from FTX from a whale address starting with 0xbe38.

4. The tension is tightening as three dormant addresses are selling BNB. A total of 263,247 BNB, which is worth $89.5M, was transferred to Binance on the afternoon of November 8th.

5. An address labelled as FTX US has redeemed 2,055 WBTC (~$40M) from Compound and transferred to a Binance-related address.

6. According to Nansen data, the net flow deposits of ETH and ERC-20 tokens to FTX were negative $653M.

7. According to WhaleAlert’s monitoring, two transactions of 522,114 and 10 million FTTs were transferred to Binance and an unknown wallet, respectively, with a total value of about $176.5M.

8. Etherscan data shows that the 0xbe38 whale continues to withdraw stablecoin from FTX, and the current withdrawal speed is 987.5 USDC per transaction. It was suspected that FTX had limited the withdrawal amount of the said whale address from $500,000 per transaction in the morning to $1,000 per transaction now.