Onchain analysts PeckShield and EmberCN say the funds moved to a Wintermute wallet, but neither a sale nor the purpose of the transfer have been confirmed. Wallets labeled as belonging to the FTX bankruptcy estate and Alameda Research transferred as much as 27,373 ether, worth about $75 million, to crypto market maker Wintermute. The transfers could indicate plans to sell or hedge the assets, but on-chain data does not show that Wintermute sold the ether or that it was intended for creditor rep…
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