watch

FTX/Alameda Transfers Nearly 190,000 SOL to Bitgo Custody Amid Significant Holdings

According to Arkham tracking, the FTX/Alameda staking address transferred 189,800 SOL, worth approximately $31.17 million, to Bitgo Custody at 2:16 UTC+8 today. Currently, FTX/Alameda still has 4,883,308.11 SOL locked for unlocking, valued at around $799 million.
Source available for registered users Sign Up Free

AI Analysis

The recent transfer of 189,800 SOL by FTX/Alameda to Bitgo Custody is a notable maneuver in the context of their substantial SOL holdings. This move may indicate plans for securing liquidity, preparin...

AI Recommendation

Stakeholders and investors should remain cautious and continue monitoring official updates from FTX/Alameda and related entities concerning their SOL holdings. The transfer to custody could precede va...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: