TechFlow News, according to Lookonchain monitoring data, large amounts of funds are being withdrawn from FTX and sold via DEXs. The UNI, stETH, 1INCH, WBTC, SUSHI, YFI, and LDO held by the address starting with 0x59ab have been sold, while PAXG, LINK, MATIC, AAVE, SNX, SHIB, and APE are still being held. In addition, $166 million worth of funds from FTX have been transferred to an address starting with 0xd801, including tokens such as SRM, MATIC, CHZ, DYDX, BAND, MANA, ENS, CEL, HT, GRT, GALA, and CRV.
Moreover, according to PeckShield monitoring data, funds from the FTX address starting with 0x2faf began transferring to a new address one hour ago. Among them, 45.85 million FTT (approximately $100 million) were moved from the address starting with 0x2faf to the address starting with 0xd801 (previously labeled as FTX on Etherscan). The address starting with 0xd801 appears to have received funds from the Binance US smart contract at 0x97f9...E5c, which is a multi-signature contract requiring multiple signers—0x5b63...3BD, 0xC945...Fd3, and 0x8b41...E4A—to review and approve an on-chain action before execution.
According to previous reports, on-chain data shows that large quantities of exchange assets from both FTX and FTX US have started consolidating into the same on-chain address: 0x59abf3837fa962d6853b4cc0a19513aa031fd32b.Source link
