![Token BAT Token BAT](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=96&q=75)
![Token C98 Token C98](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=96&q=75)
![Token ETH Token ETH](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=96&q=75)
![Token GALA Token GALA](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=96&q=75)
+5
Nov 02, 2023
![SOC Logo SOC logo](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ficon-soc-logo.c43b8304.png&w=32&q=75)
SOC Team
FTX and Alameda Research transferred out 9 assets
Outflow
Total tokens transferred
![Token SOL Token SOL](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
500K
SOL
![Token SUSHI Token SUSHI](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
2.1M
SUSHI
![Token GALA Token GALA](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
71.575M
GALA
![Token C98 Token C98](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
4.474M
C98
![Token MATIC Token MATIC](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
14M
MATIC
![Token MASK Token MASK](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
809.934K
MASK
![Token BAT Token BAT](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
7.667M
BAT
![Token LDO Token LDO](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
650K
LDO
![Token ETH Token ETH](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Ftransparent-placeholder-128.b00d9cec.png&w=48&q=75)
2.784K
ETH
FTX and Alameda Research transferred out a total of $46M worth of nine assets to Kraken, Binance, and Coinbase in the past 7 hours:
- 500K SOL ($21.6M)
- 14M MATIC ($9.3M)
- 2,784 ETH ($5.15M)
- 810K MASK ($2.51M)
- 2.1M SUSHI ($2.37M)
- 7.67M BAT ($1.64M)
- 71.6M GALA ($1.4M)
- 650K LDO ($1.22M)
- 4.47M C98 ($842K)
Overall, since October 26, FTX and Alameda have transferred out $170M worth of 29 assets.
- check out the complete list of sold tokens via this spreadsheet here
Related entities:
- FTX entity here
- Alameda Research entity here
- FTX SOL Cold Storage 1: 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA
- FTX SOL Cold Storage 2: 9uyDy9VDBw4K7xoSkhmCAm8NAFCwu4pkF6JeHUCtVKcX
Notably, as the price of SOL has increased by nearly 80% in the past month, we noticed that:
- FTX and Alameda have transferred 1.73M $SOL ($61.7M) out to exchanges since October 26
- FTX still holds 1,137,681 SOL ($46.3M) in the two Cold Storages and has 3,963,725 SOL (162M) staked in the addresses.
Note that FTX will be permitted to:
- sell off tokens in a series of weekly batches, with an initial limit of $50M for the first week and $100M for subsequent weeks
- sell BTC and ETH only after providing a 10-day notice to the creditors' committee, ad hoc committee, and the U.S. Trustee
- more details here
Fig 1. The total amount of assets sold by FTX and Alameda Research since October 26.
Fig 2. FTX Cold Storage 1 transferred out 500K SOL ($21.6M) recently.