Activity in FTX Wallets Preparing for Refund! They Will Sell This Altcoin for the First Time!

FTX and Alameda Research, which received court approval for their $12.7 billion settlement with the CFTC yesterday, have begun altcoin transfers.

At this point, the FTX bankruptcy estate transferred $351,000 worth of Worldcoin to Binance today.

According to Arkham data, the FTX bankruptcy estate transferred 205,380 WLD from a wallet belonging to Alameda Research to Binance.

While this is the first instance of Alameda transferring WLD to a centralized exchange, WLD is the second largest altcoin held by Alameda Research.

Alameda Research currently holds approximately $43.14 million worth of WLD.

In addition to WLD, Alameda also holds $105 million worth of BIT, $31.5 million worth of STG and $11.6 million worth of FTT.

Additionally, according to Lookonchain's post, FTX and Alameda currently hold the following altcoins:

“266.85 million FTT (worth $344.24 million) 105.47 million BIT (worth $113.26 million) 24.8 million WLD (worth $43.64 million) 104M STG (worth $32.6 million) 145.97 million BOBA (worth $29.83 million)

….”

*This is not investment advice.