FTX Liquidator Transfers BIT and RAY Tokens, Market Reacts

Alameda Research transferred $64.4 million worth of BIT tokens to Mirana Ventures. FTX liquidator made a transfer of almost $2 million in RAY tokens to Binance. The US government transferred millions in FTX/Alameda seized tokens to two wallets. Alameda Research just transferred 72.6 million BitDAO (BIT) tokens—around $64.4 million—to Mirana Ventures. Alameda also got 10.335 million USDC and 28.4 million USDT from Mirana around 20 hours back. On-chain analysis platform PeckShield said the FTX liquidator also transferred 378,000 Raydium (RAY) tokens—around $1.99 million—to Binance. This could mean the liquidator is going to sell the tokens. BIT and RAY could both become volatile in the short term. #PeckShieldAlert #FTX Liquidator Main Wallet has transferred 378K $RAY (worth ~$1.99M) to #Binance pic.twitter.com/vmDFfiBpcr — PeckShieldAlert (@PeckShieldAlert) December 4, 2024 No one knows why these transfers happened, but BIT went up 5.31% in the past 24 hours, and RAY went up 5.44%. BIT is currently $0.9606, and RAY is $5.18, according to CoinMarketCap data . Alameda Research Holdings Arkham data shows that the Alameda Research wallet has $27… The post FTX Liquidator Transfers BIT and RAY Tokens, Market Reacts appeared first on Coin Edition .