Cryptocurrency companies Celsius, FTX, and Alameda, currently undergoing Chapter 11 proceedings, are still moving their digital assets to various cryptocurrency exchanges.
According to data from Etherscan, Celsius transferred 34.08 million MATIC tokens, valued at approximately $26 million, to Binance in multiple transactions.
Additionally, transaction records reveal that a wallet linked to FTX and its affiliated company, Alameda Research, sent crypto assets totalling $17.05 million to Binance and market maker Wintermute.
The wallet address transferred 207 WBTC and 1150 ETH, valued at $8.6 million and $2.85 million, respectively, to Wintermute. Furthermore, 135 WBTC, worth $5.6 million, was sent to Binance from the same wallet address.
Also Read: Celsius Transfers $125M in Ether to Exchanges for Repay
