Exchanges· ★★★· bearish·

FTX/Alameda estate moves 27,372 ETH worth $75.3M to Wintermute

  • Transfer was routed through six wallets about three hours before publication
  • Size: 27,372 ETH, worth roughly $75.32 million
  • Recipient is market maker Wintermute
  • Latest step in the FTX/Alameda estate's asset sales after the market rebound
Why it matters: Fresh ETH supply from the FTX/Alameda estate adds to market liquidity and could weigh on Ethereum's price.
Source: PANews