According to BlockBeats, according to EmberCN monitoring, the FTX/Alameda address transferred a total of 21.856 million WLD (58.77 million USD) to 5 BitGo custodial wallets today and half a month ago. This is likely to be sold to some large investors or institutions through OTC.

Add to that the 2.809 million WLD they have transferred to Binance every week since August. The 25 million WLD that FTX/Alameda received through investment now only has 334,000 WLD (about $800,000).