FTX and Alameda Sold Huge Amount of Altcoins Again During the Recent Bitcoin Spot ETF Rally: Here Are the Sales and Final Portfolio

Following the recent Bitcoin ETF approval rally, FTX and Alameda Research strategically divested assets, placing a total of $28.2 million worth of assets in Binance and Coinbase.

Among the assets sold at affordable prices were:

• 402.6 Wrapped Bitcoin (WBTC) worth $18.72 million at an average price of $46,501
• 3,200 Ethereum (ETH) worth $8.09 million at an average price of $2,528
• 602,000 Pendles (PENDLE) worth $1.04 million at an average price of $1.73
• 9.03 million ConstitutionDAO (PEOPLE) worth $350k at an average price of $0.0387

FTX and Alameda Research have moved 85 different tokens worth $665 million on Ethereum, Solana and Avalanche to various exchanges since October 24, 2023. Despite this significant movement of assets, they still hold over $1.10 billion in EVM assets.

FTX and Alameda Research’s current major token holdings are as follows:

• FTXToken (FTT): 257.835 million tokens worth $768.348 million
• Tether Gold (XAUT): 9,389 tokens worth $19,207 million
• Tokamak Network (TON): 7.445 million tokens worth $16.082 million
• Gate (GT): 3.165 million tokens worth $15.352 million
• LEO Token (LEO): 3.221 million tokens worth $13.011 million
• Wrapped Ether (WETH): 3,795 tokens worth $9.683 million
• Ethereum (ETH): 3,044 tokens worth $7.734 million
• Dai (DAI): 2.502 million tokens worth $2.5 million
• Stargate Finance (STG): 2.884 million tokens worth $1.651 million
• OKB: 26,952 thousand tokens worth $1,448 million

*This is not investment advice.