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On-chain activity shows: FTX appears to have withdrawal activities, but many users are still waiting for their funds for a long time.

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On-chain activity shows: FTX appears to have withdrawal activities, but many users are still waiting for their funds for a long time.

The Block researcher @Dogetoshi has discovered that multiple transactions are being sent out from an address associated with FTX, but it is still uncertain whether withdrawals for users have commenced. @Dogetoshi also mentioned that it is unclear if these withdrawals are from FTX US or FTX International. Readers of The Block have reported that they have not received their withdrawals as requested earlier.

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The Block researcher @Dogetoshi discovered that multiple transactions were being sent out from FTX-owned addresses again, but it is still uncertain whether withdrawals for users have resumed. @Dogetoshi also mentioned that it is unclear if these are withdrawals from FTX US or FTX International. Readers have reported not receiving their withdrawals as requested earlier.

@Dogetoshi presented three possibilities:

  • They are prioritizing withdrawals for family and friends
  • They have found financial backers
  • Rogue employee free for all

Here are the two addresses he observed:

Furthermore, he mentioned that there have been outflows from TRON and Solana addresses as well.

However, many people speculate that these are withdrawals from FTX US, or they could be in the process of integrating wallet flows.