FTX Seizes the Opportunity to Liquidate 2,000 ETH amid the Surge, while On-chain Wallet Still Holds Billions of Dollars in BIT Tokens

While Ethereum was trading at $3,200 on the Etherium network, FTX’s liquidation process was also ongoing. According to the on-chain data shared by Paradigm, a wallet address labeled as Alameda transferred 2,000 ETH to Coinbase in the past 5 hours, with a total value of approximately $6.2 million.