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FTX/Alameda Reduce WLD Holdings After Massive Transfers CryptoTale 19 Dec 2024

FTX/Alameda Reduce WLD Holdings After Massive Transfers 💸

FTX/Alameda has significantly reduced its WLD holdings, almost wiping them off their balance sheet. The firm now retains 334,000 WLD, valued at approximately $800,000. Initially, FTX/Alameda held 25 million WLD from their investments. Multiple transactions were executed to distribute these holdings, with the most significant transactions occurring today and two weeks ago. In total, 21,856,000 WLD were transferred, indicating a strategic move by FTX/Alameda to minimize their exposure to this specific holding.

Source: cryptotale.org ↗