FTX Liquidation Tracker: $60 million already withdrawn, related address still holds $600 million in assets

In mid-September, a U.S. bankruptcy court ruled that the cryptocurrency exchange FTX could liquidate its crypto assets with the assistance of Galaxy Digital. With the recent resurgence in the crypto market, FTX and Alameda-related wallets have also seen frequent on-chain transfer activities.

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FTX and Alameda Wallets Have Transferred $59 Million in Cryptocurrency Assets

The on-chain analytics firm Lookonchain has reported that FTX and Alameda wallets have recently transferred assets totaling over $59 million, with Solana (SOL) being the largest portion.

Note: Not all transferred assets have been moved to exchange wallets.

FTX Addresses Still Hold $600 Million in Assets

Lookonchain also analyzed the wallets that recently transferred assets and found that these wallets still hold over $600 million worth of cryptocurrency assets.

The values of ETH and FTT are both close to $100 million.

Additionally, FTX holds approximately $14 million worth of SOL tokens in two wallets on the Solana blockchain.

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