🚨WARNING🚨
FTX and Alameda Research deposited three assets worth $37.8 million in Binance and Coinbase:
• 750,000 SOL ($33.3 million)
• 8.88 million MANA ($3.7 million)
• 3,214 BNB (793K)
Overall, as of November 10, FTX and Alameda Research had deposited 42 tokens worth $414 million onto exchanges.
Notably, FTX only holds 253,386 SOL ($11.6 million) for immediate trading in Cold Storage 2. Additionally, FTX holds 42.2 million SOL ($1.81 billion) when locked, according to CoinGecko. These SOLs will only start to be unlocked next year and remain largely frozen until 2027 or 2028.
Note that FTX will be allowed:
• sell out tokens in a series of weekly batches, with an initial limit of 50 million USD in the first week and 100 million USD for the following weeks
• sell BTC and ETH only after providing 10 days notice to the creditors committee, the special committee and the US Commission.
-The article is copied, article source: Crypto Makki.
Be careful today and in the near future.
