FTX: Liquidator transfers about 635,000 RAY to Binance, worth about $3.79 million
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According to Arkham monitoring, FTX: Liquidator received 1,853,000 RAY, worth approximately $11.04 million, from the untagged address: 6YcCuW...YmY9f7 at 3:26 UTC+8 today; it then transferred approximately 635,000 RAY, worth about $3.79 million, to the Binance Deposit. Tracing back, the RAY in the untagged address: 6YcCuW...YmY9f7 still originated from the now-bankrupt exchange FTX. Multiple addresses related to FTX still hold 6,466,000 RAY, worth approximately $38.73 million. Raydium is the largest DEX on Solana, and its trading volume has surged due to the MEME craze. Additionally, FTX: Liquidator also transferred approximately 14,000 SOL, worth about $3.59 million, to the Binance Deposit at the same time.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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