[Blockchain News] FTX cold wallet big move! 770 XAUT transferred to Wintermute OTC, worth about $2 million💰

Hello everyone! Today we bring you the latest blockchain industry dynamics. According to Arkham's monitoring data, at 5:17 am on September 20, FTX cold wallet address 0x97...1E5c transferred 770 XAUT (Tether Gold) to Wintermute OTC, a transaction worth about $2 million. It seems that FTX is conducting an over-the-counter sale.

This transfer has attracted a lot of attention because XAUT is a crypto token backed by physical gold, which has considerable value and stability. For investors who like gold and want to get involved in the cryptocurrency market, XAUT is undoubtedly a good choice.

At present, FTX still holds about $390 million in crypto assets, including $340 million in FTT, $20.15 million in BOBA, $6.31 million in XAUT, and $5.37 million in EURT. The combination of these assets shows FTX's diversified layout in the cryptocurrency market.

So, what does this transfer mean? Is FTX adjusting its asset allocation, or are there other strategic considerations? These questions are worth further exploration.

Interestingly, over-the-counter (OTC) trading plays an important role in the cryptocurrency market, especially in large transactions. Through OTC transactions, buyers and sellers can avoid price fluctuations in the open market, while also better protecting privacy.

What do you think of FTX's move this time? Are you optimistic about their strategy, or do you think there are other potential risks? Welcome to speak freely in the comment section and share your views and insights!

In general, the cryptocurrency market is changing rapidly, and every move may bring new opportunities and challenges. Stay tuned to find your own opportunities in this dynamic market.

Looking forward to seeing everyone's discussion in the comment section! 😊