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FTX/Alameda's liquidation assets are about to reach a full month, with a total of $450 million transferred to the exchange.

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FTX/Alameda

FTX has initiated the liquidation process for close to a month now, and on-chain data shows that the amount transferred to the exchange is very close to the previously coordinated weekly liquidation limit of $100 million.

US court approves asset sale by FTX, FTX legal team: The sooner, the better

FTX Stablecoin Liquidation in Progress

The on-chain tracking firm Spot On Chain has compiled data on all tokens and USD value transferred to the FTX/Alameda related addresses since October 24th.

A total of approximately $450 million has been transferred to the exchange, with $280 million in SOL leading the way, followed by $44.39 million in ETH.

This data closely aligns with the weekly $100 million liquidation quota that FTX's reorganization team and the court had previously coordinated.

How to Interpret FTX's Weekly $100 Million Liquidation Pressure? Messari Founder: Limited Impact

FTX/Alameda Receiving PYTH Airdrop Deemed a Mistake

Earlier, Lookonchain pointed out that an address associated with FTX/Alameda was receiving an airdrop of the Pyth Network PYTH oracle project and had become the seventh largest holder.

However, it has been confirmed that the address "9un5wq" actually belongs to OKX, and Lookonchain has since deleted the tweet.