Solana

Dollars

Millions

<p style="text-align: justify">Yesterday, we reported on a similar news. It was about token movements related to FTX. Today, there is another movement. It seems that these movements will not end until the FTX issue is resolved. It is necessary to keep an eye on it as the movement of cryptocurrencies in FTX indicates a possible sale.</p> 
<h2 style="text-align: justify" id="ftx-linked-address-in-motion">FTX-Linked Address in Motion</h2> 
<p style="text-align: justify">There is a recent development that has caught the attention of the cryptocurrency community. According to this, an address linked to FTX made a significant amount of cryptocurrency transfers with a total estimated value of about 5 million dollars. The diversity of assets involved in this transaction is making waves in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">market</a>. This is because six altcoins are on the move.</p> 
<p><img decoding="async" class="aligncenter wp-image-276538 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/ftx-altcoin-cointurk.png" alt="ftx altcoin cointurk" width="529" height="255"></p> 
<p style="text-align: justify">Noteworthy transactions include 22,948 Cake transactions. This corresponds to $51,405 in numerical value. The largest transaction is made with <a href="https://en.coin-turk.com/decoding-the-latest-market-trends-key-insights-into-xrp-luna-chiliz-and-ceek/" data-wpel-link="internal">CHZ</a>. 37,735,856 CHZ corresponds to $2,893,623 in numerical value. In addition, a transaction of 1,578,590 ENJ worth $426,501 has also been made.</p> 
<h2 style="text-align: justify" id="3-more-altcoin-transactions">3 More Altcoin Transactions</h2> 
<p style="text-align: justify">There are three more altcoin transactions made by the relevant address. These include 4,454,242 LRC transactions worth $997,090, PAXG worth $148,138, and finally, a $475,111 USDT transaction. Following the FTX-linked movement in six cryptocurrencies, crypto enthusiasts are now looking into the dynamics behind this action.</p> 
<p><img decoding="async" class="alignnone" src="https://www.ccn.com/wp-content/uploads/2023/06/ftx-20-cover.webp" alt="FTX Cointurk" width="1920" height="1080"></p> 
<p style="text-align: justify">As we mentioned before, Solana is an important asset in FTX’s portfolio. The <a href="https://en.coin-turk.com/crypto-market-begins-week-on-high-note-solana-sol-surpasses-critical-resistance/" data-wpel-link="internal">SOL</a> asset, which exceeds $1 billion, has not created a negative sentiment on the token. There has been an increase in price in recent days. However, the situation may not be the same for the cryptocurrencies involved here, like in Solana. Therefore, traders continue to closely monitor the market for potential fluctuations or trends that may arise as a result of this significant transaction.</p> Continue Reading: <a href="https://en.coin-turk.com/ftx-linked-address-moves-millions-of-dollars-worth-of-crypto/" data-wpel-link="internal">https://en.coin-turk.com/ftx-linked-address-moves-millions-of-dollars-worth-of-crypto/</a>

FTX-Linked Address Moves Millions of Dollars Worth of Crypto

Table of Contents

COINTURK NEWS

Other articles published on Nov 15, 2023

Pro-XRP Lawyers Slam The SEC’s Annual Enforcement Report

South Africa to track down crypto and NFT tax evaders with new law: here is how it may work

Ethereum Copying Cardano? New Vitalik Blog Raises Eyebrows

MAS’s project guardian marks Singapore’s stride toward a Crypto hub

Marathon shifts to international ventures ahead of Bitcoin halving

OKX's deal with Komainu and CoinShares will Boost Digital Assets

Join our free newsletter for daily crypto updates!