FTX Seizes the Opportunity to Liquidate 2,000 ETH Amidst Surge, On-Chain Wallets Still Hold Over a Hundred Million Dollars in BIT Tokens

FTX Seizes the Opportunity to Liquidate 2,000 ETH Amidst Surge, On-Chain Wallets Still Hold Over a Hundred Million Dollars in BIT Tokens

FTX Seizes the Opportunity to Liquidate 2,000 ETH Amidst Surge, On-Chain Wallets Still Hold Over a Hundred Million Dollars in BIT Tokens

While Ethereum was trading at $3,200 on the FTX exchange, liquidation activities were also ongoing at FTX. According to on-chain data shared by Paradigm, a wallet address labeled as Alameda transferred 2,000 ETH to Coinbase in the past five hours, with a total value of approximately $6.2 million.