FTX wants to smash Arbitrum? Alameda's early investment "may AirDrop tens of millions of $ARB"

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Arbitrum, the much- anticipated Ethereum Layer 2 expansion solution, completed its airdrop last week. Its token $ARB has been highly praised by the market, and its current market value is still more than twice that of the competing product Optimism.

Notably, several accounts of bankrupt cryptocurrency exchange FTX and sister company Alameda Research also received $ARB airdrops.

33,000 $Arbs have been transferred to wallets controlled by FTX liquidators

The information on the Arbiscan chain shows that the wallet address controlled by FTX is " 0x7B... 84d0 ”Received multiple $Arb transfers from Arbitrum. According to verification , these are addresses controlled by Alameda, and these $Arb are also airdropped.

Data from: Arbiscan

Wallet controlled by FTX " 0x7B... 84d0 ”A total of 33,125 $ARBs were received, with a total value of $40,700. Additionally, the address holds nearly $18 million in assets, including:

  • 10 million USD stablecoins $USDC
  • 104 $WBTC (encapsulated bitcoin), about $2.86 million
  • 2,266 $ETH, about $3.9 million

Alameda has invested 15 million magnesium in Arbitrum, and may receive tens of millions of $Arb

In addition, Alameda has participated in Offchain Labs, the studio behind Arbitrum, investing $15 million in the B round at a valuation of $1.2 billion.

Data from: FTX investment form

According to DeFi researcher DeFiyst, ideally , if the equity held by FTX is not diluted, Alameda may currently have tens of millions of $ARBs to be unlocked (the official said that 1.753 billion will be allocated to Offchain Labs investors). However, the specific data has yet to be disclosed further.

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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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