FTX Liquidator Transfers BIT and RAY Tokens, Market Reacts

By Coin Edition
29 days ago
NOONE BIT ARKM USDC CIN
  • 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.

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…

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