CandleFocus Bankrupt Company FTX May Have Sold a Lot of This Altcoin According to Onchain Data
2024-12-12
Author: Content Editor
A crypto wallet associated with Alameda Research transferred $11 million worth of FTT tokens to Binance. The tokens were previously sent to other wallets belonging to Mantle Treasure and FTX's multisig wallets. Despite the bankruptcy process of FTX, FTT has seen a 50% increase in value in the past month. However, caution is advised as the token's price is significantly lower than its all-time high of $85.
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