FTX & Alameda Whales Transfer $8.3 Million into Wintermute

A mysterious whale transfers huge amount from FTX and alameda cause a stir and shock in the crypto market.

Today, there’s been a lot of talk in the crypto world about a mysterious whale. According to PeckShield Alert, this whale just moved a huge amount of 860 XAUT from FTX and around 2,000 ETH from Alameda, which is worth an incredible $8.3 million—into Wintermute.

Image Source: PeckShield Alert (Transactions of funds transferred)

PeckShield Alert reports an address (0x97….e5c), controlled by an anonymous trader transferred 860 XAUt with around $2 million, from FTX to Wintermute today.

#PeckShieldAlert #Alameda/#FTX-labeled addresses transferred ~2K $ETH (worth ~$6.3m) out & 860 $XAUT (worth ~$2m) to #wintermute pic.twitter.com/2ndnnGhAj2
— PeckShieldAlert (@PeckShieldAlert) May 6, 2024

Another trader (0xf….713), from Alameda, transferred a whopping 2,000 ETH which is worth around $6.3 million to Wintermute in one transaction.

The transaction shows that it transferred another 27.71 ETH which is worth $86,110 to Wintermute’s address (0x1….150).

These large transactions involving 860 XAUT and 2,000 ETH worth $8.3 million are significant in the crypto world. The movement of such sums to Wintermute indicates strategic trading or investment.

Wintermute, known for its market-making activities, likely benefits from liquidity provided by these transactions, possibly hinting at larger market movements.

Also Read: 10-Year-Old Dormant Bitcoin Whale Awakens, Moves $43.89 Million

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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