WhaleAlert, the platform that monitors crypto information, shared its new data. According to the latest information, more than 71 million XRP has been transferred to the FTX exchange in the last few hours. It was stated that the altcoin transfer was made as a result of two processes. The first is 35,774,039 XRP at a cost of $16,631,186. The second is 35,615,409 XRP at a cost of $16,557,439. In both processes, it was transferred from unknown wallet addresses to the FTX exchange. Also, the leading memecoin project DOGE has moved to exchanges including Coinbase and Binance.
These 2 altcoin projects are streaming to cryptocurrency exchanges
As we have reported as Koindeks.com; Events between FTX and Binance gained momentum. Leading cryptocurrency exchange Binance has decided to liquidate FTTs. Transfer processes are underway after the controversy surrounding Alameda’s losses. According to Nansen information, 26,600 president altcoin ETH was transferred from Alameda to FTX during the day. One-on-one, the stablecoin originated from the FTX exchange, largely from wallet addresses on Huobi, OKX, Kucoin, and other exchanges.
Cybersecurity firm PeckShield reported that Jump Trading transferred approximately 40.4 million USDC from FTX the previous day. A total of $109.8 million worth of cryptocurrencies were transferred from FTX to Nexo, including 56,432 ETH and approximately $13.9 million in stablecoins.
Wu Blockchain reported that FTX’s net stablecoin output was $292 million.
Binance CEO announces liquidation
Binance CEO CZ announced on Sunday that FTX’s native altcoin is liquidating FTTs. Zhao made the following statements in his post:
With the latest rumors emerging, this decision was made.
However, CZ kept public opinion different from the context of the event. He did not answer the questions that followed. Etherscan reported on Saturday that 22,999,999 FTT worth $584 million was moved from a wallet to the Binance exchange. CZ acknowledged that the migrated tokens were a module of the exchange’s decision to sell the FTTs.
Memecoin project transferred to DOGE Binance and Coinbase
Cryptocurrency whales moved around 256 million Dogecoins (DOGE) to Binance and Coinbase despite Elon Musk’s Twitter takeover. Anonymous whales are interested in moving Dogecoin (DOGE) to crypto exchanges following a sudden price spike last week. After Elon Musk’s acquisition of Twitter, Dogecoin investors are likely to increase their DOGE positions. However, large amounts of Dogecoin are sent daily to crypto exchanges from unknown wallet addresses.
In the past 24 hours, cryptocurrency whales have moved 255,977,440 (255.9 million) DOGE to exchanges including Coinbase and Binance. According to Whale Alert data, two different processes took place with altcoins. An anonymous crypto whale moved 212.3 million DOGE to Coinbase for the first transaction. The process, which took place yesterday at 17:10 UTC, was worth $26.67 million.
Earlier today, another anonymous whale moved 43.67 million DOGE to Binance address.