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FTX & Alameda Wallets Dump $24 Mln ETH To Coinbase Ahead Of Ethereum Crash

source-logo  coingape.com 15 March 2024 14:35, UTC

In a thrilling turn of events witnessed within the cryptocurrency realm recently, bankrupt exchanges FTX and Alameda linked wallets appear to have been noted making colossal Ethereum (ETH) transfers to Coinbase, a prominent CEX, right before prices slumped in the past 15 days. These dumps to Coinbase birthed a massive torrent of speculative buzz among crypto market traders and investors globally, as ETH price recently topped the $3,500 mark.