{"id":605652,"date":"2023-02-07T07:28:00","date_gmt":"2023-02-07T13:28:00","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/07\/alameda-linked-address-withdraws-2-million-in-ftt-whats-in-store-crypto-market\/"},"modified":"2023-02-07T07:28:00","modified_gmt":"2023-02-07T13:28:00","slug":"alameda-linked-address-withdraws-2-million-in-ftt-whats-in-store-crypto-market","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/07\/alameda-linked-address-withdraws-2-million-in-ftt-whats-in-store-crypto-market\/","title":{"rendered":"Alameda-Linked Address Withdraws $2 Million in FTT \u2013 What\u2019s In Store Crypto Market?"},"content":{"rendered":"
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\"ARTICLE<\/figure>\n<\/div>\n
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After a whopping $13 million worth of assets was transferred to the consolidation wallet of Alameda Research, a new development suggests that there was a $2 million withdrawal by an Alameda-linked address labeled \u201cbrokenfish.eth\u201d.\u00a0<\/p>\n

In one of the most recent updates from the crypto analytics platform, Arkham Intelligence, the money was taken out of BentoBox, a smart contract serving as the hub of the entire Sushi ecosystem, by the brokenfish.eth address. FTT, the FTX exchange\u2019s native token, accounted for the majority of the withdrawal amounts.<\/p>\n

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gm<\/p>\n

The Alameda address ‘brokenfish.eth’ just pulled out $2M of FTT from BentoBox in the past 10 minutes.<\/p>\n

Taking bets on what is going to happen next\u2026 pic.twitter.com\/paYc7K9aIF<\/a><\/p>\n<\/div>\n

\u2014 Arkham (@ArkhamIntel) February 6, 2023<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

Alameda and Sushiswap have a long relationship that began in 2020, when Sam Bankman-Fried (SBF) assumed control of the decentralized exchange protocol after its chief developer, Chef Nomi, pulled the community under his sleeve.<\/p>\n

Apart from the $12 million, Bitfinex sent cryptocurrency to Alameda Research valued roughly $8.5 million, according to PeckShield. It was also reported that the FTX\u2019s sister company received 1.545 ETH (about $2.5 million), 6 million USDT (or $6 million), and 4.6 million USDC. 6 million USDT and 1,545 ETH were sent from Bitfinex out of these assets.<\/p>\n

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The transfer is currently unknown, however, it takes place barely one day after the founder of FTX and Alameda Research Sam Bankman-Fried was given a temporary communication ban by both companies.<\/p>\n

On November 11, Alameda filed for bankruptcy.\u00a0 Since then, several deposits from numerous addresses have resulted in the accumulation of almost $183 million in other altcoins, including $54 million in BitDAO tokens, as well as more than $26 million in ETH in the consolidation wallet.<\/p>\n

Nevertheless, the sum recovered might be higher given that liquidator are said to have lost over $11.5 million since gaining possession of Alameda\u2019s trading accounts, some of which were avoidable, according to a study by crypto analytics firm Arkham Intelligence.<\/p>\n<\/div>\n

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Elena R<\/a><\/h3>\n

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\n Qadir AK<\/p>\n","protected":false},"excerpt":{"rendered":"

After a whopping $13 million worth of assets was transferred to the consolidation wallet of Alameda Research, a new development suggests that there was a $2 million withdrawal by an Alameda-linked address labeled \u201cbrokenfish.eth\u201d.\u00a0 In one of the most recent updates from the crypto analytics platform, Arkham Intelligence, the money was taken out of BentoBox, […]<\/p>\n","protected":false},"author":1,"featured_media":605653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3432,118925,534],"tags":[],"class_list":{"0":"post-605652","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-address","8":"category-alameda-linked","9":"category-financial"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/605652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=605652"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/605652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/605653"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=605652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=605652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=605652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}