Spot on Chain monitoring shows that FTX/Alameda liquidation address deposited 2500 ETH (approximately $8.56 million) into Coinbase 8 hours ago. Since March 1st, FTX and Alameda have deposited 15,850 ETH (approximately $58 million) to CEX at an average price of around $3,659, which often results in significant price fluctuations.
FTX/Alameda liquidation address deposited 2,500 ETH into Coinbase before the drop
![](https://public.bnbstatic.com/image/pgc/202303/b79ad6e3d66b98bb791352b3abb6de2c.jpg)
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