Alameda sold ether-based token holdings for $BTC in the past 24 hours. 'It seems reasonable to assume that ... Alameda is just trying to consolidate all of its assets into something that you can easily liquidate,' nikhileshde says. Presented by trondao
Millions of dollars worth of tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were liquidated and ultimately exchanged for
bitcoin Wednesday as the firm's founders face criminal charges related to the collapse of Alameda and FTX, according to onchain data cited by Arkham Intelligence.
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