2 weeks ago, FTX staked large amounts of $MATIC, $SOL, and $

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2 weeks ago, FTX staked large amounts of $MATIC, $SOL, and $ETH. Now, Lookonchain reports that FTX and Alameda wallets moved over $10M in tokens to "0xde9A61c2b776e2F4C6ddB0C9Ad5cCfCfC15B0a9B". 🔶 The token was: - Sent to #Binance :1,341 $MKR, 198,804 $LINK, 11,974 ,$AAVE and 1,900 $ETH - Sent to #Coinbase: 1,000 $ETH 🔶 Another source also reports that #FTX transferred $SOL to Kraken, Binance, and Coinbase. 🕵️Our verdict: FTX's decision to transfer tokens to the exchange is reasonable as: - Debt can be settled. - Selling is advised during this market hype as significant returns are possible. - The market's high liquidity can facilitate the sales. #ETH #solana

2 weeks ago, FTX staked large amounts of $MATIC, $SOL, and $ETH.  Now, Lookonchain reports that FTX and Alameda wallets moved over $10M in tokens to "0xde9A61c2b776e2F4C6ddB0C9Ad5cCfCfC15B0a9B".
🔶 The token was:
- Sent to #Binance  :1,341 $MKR, 198,804 $LINK, 11,974 ,$AAVE and 1,900 $ETH
- Sent to #Coinbase:   1,000 $ETH 
🔶 Another source also reports that #FTX   transferred $SOL to Kraken, Binance, and Coinbase.
🕵️Our verdict:
FTX's decision to transfer tokens to the exchange is reasonable as:
- Debt can be settled.
- Selling is advised during this market hype as significant returns are possible.
- The market's high liquidity can facilitate the sales.
#ETH   #solana  