A crypto wallet linked to the alleged theft of funds from FTX accounts exchanged 34,000 BNB in total for 4,500 ETH and three million BUSD this morning.
In a string of multimillion-dollar trades yesterday, the same wallet exchanged a sizable portion of DAI for ETH. 87.5% of the wallet’s total cryptocurrency holdings are Ethereum. It now ranks as the 34th-largest ETH holder.
Additionally, the drainer has been switching money about in their pockets. The majority of the ETH is in their primary wallet, in which they combined $5.1 million and $3.3 million from two other accounts.
The troubles after FTX was filed for Chapter 11 bankruptcy protection still exist. Genesis is one of the latest names struggling because of this crisis.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
CoinCu News
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FTX Drainer Continue Swapping BNB To Ethereum
A crypto wallet linked to the alleged theft of funds from FTX accounts exchanged 34,000 BNB in total for 4,500 ETH and three million BUSD this morning.
In a string of multimillion-dollar trades yesterday, the same wallet exchanged a sizable portion of DAI for ETH. 87.5% of the wallet’s total cryptocurrency holdings are Ethereum. It now ranks as the 34th-largest ETH holder.
Additionally, the drainer has been switching money about in their pockets. The majority of the ETH is in their primary wallet, in which they combined $5.1 million and $3.3 million from two other accounts.
The troubles after FTX was filed for Chapter 11 bankruptcy protection still exist. Genesis is one of the latest names struggling because of this crisis.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
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