{"id":15397,"date":"2022-12-29T13:15:28","date_gmt":"2022-12-29T13:15:28","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/12\/29\/alameda-wallets-sell-multiple-tokens-for-bitcoin\/"},"modified":"2022-12-29T13:15:28","modified_gmt":"2022-12-29T13:15:28","slug":"alameda-wallets-sell-multiple-tokens-for-bitcoin","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/12\/29\/alameda-wallets-sell-multiple-tokens-for-bitcoin\/","title":{"rendered":"Alameda wallets sell multiple tokens for Bitcoin"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672310344312-e9a5f7ea-6dd8-4f28-95db-9ca7852842da-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672310344312-e9a5f7ea-6dd8-4f28-95db-9ca7852842da-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672310344312-e9a5f7ea-6dd8-4f28-95db-9ca7852842da-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672310344312-e9a5f7ea-6dd8-4f28-95db-9ca7852842da-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1672310344312-e9a5f7ea-6dd8-4f28-95db-9ca7852842da.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>Alameda Research addresses despatched tens of millions price of tokens to decentralised exchanges and crypto mixers on Wednesday.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>According to on-chain information, the tokens have been swapped into USDT earlier than being transformed into Bitcoin.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>The Alameda wallets sprung into life a couple of days after FTX co-founder Sam Bankman-Fried was launched on a $250 million bail.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/wallets\/\">Crypto wallets<\/a> linked to Alameda Research, the quant buying and selling arm of collapsed cryptocurrency change FTX, have been massively lively on Wednesday, on-chain information reveals.<\/p>\n<p dir=\"ltr\">The Alameda addresses, as information shared on-line confirmed, actively offered a number of small cap cryptocurrencies, swapping these for <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> and in some circumstances Ethereum.<\/p>\n<h2 dir=\"ltr\">Alameda sells tens of millions price of tokens<\/h2>\n<p dir=\"ltr\">According to particulars <a href=\"https:\/\/mobile.twitter.com\/themlpx\/status\/1607937597783035904\" rel=\"noopener noreferrer\" target=\"_blank\">shared<\/a> on Twitter by Martin Lee, a knowledge journalist at blockchain analytics platform Nansen, there have been multiple odd transactions that appeared to swap tokens in Alameda wallets for Ethereum and Tether stablecoin USDT.<\/p>\n<p dir=\"ltr\">The funds have been then despatched to new wallets through decentralised exchanges (DEXs), together with ChangeNow and FixedFloat.<\/p>\n<p dir=\"ltr\">Elsewhere, on-chain information shared by blockchain analysis agency Arkham Intelligence pointed to Alameda wallets offloading over $1.7 million in numerous tokens.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In complete, Alameda-related wallets have combined:<\/p>\n<p>270.5Eth via ChangeNOW (~$325k)<br \/>800k USDT via Fixedfloat<br \/>200k via Curve SynthSwap (to native BTC)<br \/>200k via Airswap<br \/>200k via different crypto-mixing companies<\/p>\n<p>reaching a complete of $1.7M that has been taken.<\/p>\n<p>\u2014 Arkham | Crypto Intelligence (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1608205044930969601?ref_src=twsrc%5Etfw\">December 28, 2022<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">According to the platform, the gross sales occurred on the open market \u2013 a state of affairs that possible was behind the sharp drop in costs for a number of tokens. The Ethereum-based cryptocurrencies the wallets offered embody Ether (ETH), Curve (CRV), USD Coin (USDC), Dai (DAI), and convex (CVX).<\/p>\n<p dir=\"ltr\">The tokens have been despatched to 2 wallets, swapped for USDT after which transformed into BTC, blockchain sleuth ZachXBT <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1607915930440302592\" rel=\"noopener noreferrer\" target=\"_blank\">tweeted<\/a> on Wednesday.<\/p>\n<p dir=\"ltr\">The Alameda wallets got here alive after weeks of dormancy, with these transactions intensifying as former FTX CEO Sam Bankman-Fried settled at residence following launched from jail on a $250 million bail. The sale of multiple tokens additionally coincided with a pointy worth decline for Solana (SOL).<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/alameda-liquidates-millions-worth-of-tokens-for-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alameda Research addresses despatched tens of millions price of tokens to decentralised exchanges and crypto mixers on Wednesday. According to on-chain information, the tokens have been swapped into USDT earlier than being transformed into Bitcoin. The Alameda wallets sprung into life a couple of days after FTX co-founder Sam Bankman-Fried was launched on a $250 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[2485,20,2571,153,345,1560],"class_list":{"0":"post-15397","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-alameda","9":"tag-bitcoin","10":"tag-multiple","11":"tag-sell","12":"tag-tokens","13":"tag-wallets"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/15397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=15397"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/15397\/revisions"}],"predecessor-version":[{"id":15398,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/15397\/revisions\/15398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/15399"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=15397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=15397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=15397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}