FTX Liquidates 2,000 ETH Amidst Price Surge, On-Chain Wallets Still Hold Nearly 200 Million Magnesium WLD Tokens

FTX Liquidates 2,000 ETH Amidst Price Surge, On-Chain Wallets Still Hold Nearly 200 Million Magnesium WLD Tokens

FTX Liquidates 2,000 ETH Amidst Price Surge, On-Chain Wallets Still Hold Nearly 200 Million Magnesium WLD Tokens

While Ethereum was trading at $3,200 on the FTX exchange, the liquidation process at FTX continued. According to data shared by Paishield, a wallet address labeled as Alameda transferred 2,000 ETH to Coinbase in the past 5 hours, with a total value of approximately $6.2 million.