US gov moves $33 million in seized crypto from FTX to unknown addresses: Arkham

CN
Theblock
Follow
22 hours ago

The U.S. government has moved about $33.6 million worth of cryptocurrency from its wallet — which held part of the funds seized from the collapsed crypto exchange FTX and trading firm Alameda — to two unidentified addresses.

On Tuesday, the government made multiple transactions that included transfers of 5,024 ether, or about $18 million, to two addresses starting with “0x9cd” and “0x9ac,” according to data from Arkham Intelligence.

The government wallets, labeled by Arkham as “FTX Alameda Seized Funds,” also moved $13 million in BUSD, $1.5 million in SHIB and a variety of other tokens to the two addresses. These include AERGO, POWR, AXS, YFI, WBTC, NMR, COMP, SRM, and RLC.

The transfers came in the wake of a market-wide crypto rally. Ether edged up 0.3% in the past 24 hours to trade at $3,643, up from $2,460 a month ago.

Notably, Ethereum's onchain volume in November reached $183.74 billion, marking its highest monthly volume recorded year-to-date. 

“This increase is likely driven by capital rotation, as market participants move down the risk curve, reallocating funds from CEXs to onchain activities,” The Block Research wrote in a newsletter this week.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink