The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

FTX and Alameda Move Nearly $20,000,000 in Solana (SOL) and Other Altcoins in Just One Day: On-Chain Data

by Alex Richardson
October 30, 2023
in Altcoins, Scams, Hacks & Breaches

The estate of bankrupt crypto exchange FTX and its associated trading arm Alameda Research was seen moving almost $20 million in crypto assets over the weekend.

First spotted by blockchain tracking firm Lookonchain, wallets belonging to FTX and Alameda moved a total of $19.4 million worth of crypto assets, largely made up of Solana (SOL) and several other altcoins.

“UPDATE:

FTX/Alameda transferred $19.4 million in assets again today, including:
309,185 SOL ($10 million)
2.03M BAND ($3.15 million)
3.82M PERP ($2.3 million)
46.67M TRU ($1.78 million)
4.39M BICO( $1 million)
915,048 KNC( $686,000)
5.47M CVC ($479,000)
7,275 BOND ($30,000).”

Lookonchain is keeping track of all the crypto assets transferred out of the FTX bankruptcy estate, which amounted to $78.7 million as of October 28th. The top crypto assets that were moved out of the wallets controlled by the estate include SOL, Ethereum (ETH), Chainlink (LINK) Polygon (MATIC) and the cross-chain data oracle platform Band Protocol (BAND).

Image
Source: Lookonchain/X

Lookonchain notes that the bankruptcy estate of the firms still holds roughly $600 million in crypto assets that haven’t been sold or transferred, including nearly $100 million in ETH.

“We analyzed eight FTX/Alameda addresses that have sold assets recently.

These addresses currently hold ~$619 million in crypto assets.

Including:
55,280 ETH ($99 million)
69.7 million FTT ($91.55 million)
25 million WLD( $44.6 million)
53 million MATIC ($33 million)
16.9 million TOMOE ($30.7 million).”

Former FTX CEO Sam Bankman-Fried, who faces decades in prison, began his testimony last week following rather damning testimonies from several of his former colleagues.

Caroline Ellison, the ex-CEO of Alameda, testified that she received instructions from Bankman-Fried to commit several crimes.

In a recent interview on the This Week in Startups podcast, Inner City Press reporter Mathew Russell Lee said that Ellison’s testimony was particularly damning for Bankman-Fried.

“I think Ellison was a very strong witness because… she [described] how it worked and she’s pled guilty – she acknowledges that she knew that Alameda had this incredible $65 billion line of credit with FTX [and] that when people thought they were sending in money to trade on the FTX platform, it was being diverted to Alameda, but she says very much ‘Sam told me to do this.’”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/carlos castilla

Submit a Press Release

Industry Announcements

  • Meta Earth Network 2.0 – Pioneering Web 3.0 Innovation With Rewards and Global Events
    June 20, 2025
  • Perceptron Network Merges With BlockMesh To Create First End-to-End Decentralized AI Data Infrastructure
    June 20, 2025
  • Bubblemaps Integrates With TON, Enhancing Transparency in Telegram’s Native Blockchain Ecosystem
    June 19, 2025
  • NATIX Network Launches DePAI Initiative, Merging DePIN Infrastructure With Decentralized AI
    June 19, 2025
  • BitVault Raises $2 Million From GSR, Gemini and Auros To Launch BTC-Backed Money
    June 18, 2025
  • TAC Raises $11.5 Million To Bring DeFi to Telegram’s Billion-User Ecosystem
    June 18, 2025
  • Falcon Finance Launches Pilot Season of Falcon Miles Points Program To Reward Ecosystem Participants
    June 18, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$101,081.08
$101,081.08
1.34%
Ethereum
$2,242.61
$2,242.61
1.32%
BNB
$620.55
$620.55
1.5%
Solana
$132.84
$132.84
1.86%
XRP
$2.02
$2.02
2.04%

Spotlight

  • Walmart, Amazon and Other Multinational Giants Considering Issuing Stablecoins: Report
    June 15, 2025
  • 65-Year-Old Forced Out of Retirement After Losing ‘Everything’ in Elaborate Bank Fraud Scam
    June 15, 2025
  • Crypto Strategist Warns of up to 80% Bitcoin Correction in Next Bear Market Fueled by Selling of Major BTC Adoption Group
    June 15, 2025
  • Woman To Serve Four Years in Prison for Role in $800,000 Business Email Hack That Tricked Victims Into Sending Fraudulent Bank Wires
    June 15, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl