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FTX and Alameda moved more than $8 million in assets Crypto wallets linked to now-defunct exchange FTX and its partner, Alameda Research, have moved over $8 million in digital assets in the past 24 hours amid a broad crypto market larger spike.
According to blockchain analytics firm SpotOnChain, these entities transferred 2,000 Ethereum, worth approximately $6.36 million, to Coinbase and 163,727 PROM tokens, worth approximately $2.04 million, to Binance early this morning, February 27 .
Yesterday, Bitcoin rose to over $57,000 for the first time since November 2021. However, its price fell slightly to $56,958 at the time of writing.
The rise in BTC also propelled other major cryptocurrencies such as Ethereum, Solana, Cardano and others to post significant gains during the reporting period.
Some analysts speculate that these transactions may represent an attempt by the struggling company to profit from the rising prices of these tokens.
Notably, SpotOnChain reported that FTX and Alameda transferred 10,447 ETH, worth $27.6 million, to centralized exchanges last month, coinciding with a 42% increase in ETH value.
The companies still own approximately $901 million in digital assets despite these transfers.
According to SpotOnChain data, FTX holds $530 million across 18 addresses, while Alameda holds assets worth $371.39 million.
FTX sells assets This development comes as FTX actively divests various assets, including cryptocurrency holdings and stocks in multiple companies, as part of restructuring efforts.
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💠 After being listed, $PIXEL is currently being held around the 0.5 mark. Some features using $PIXEL have been and are about to be updated such as buying pets, buying membership, upgrading and increasing ranking for land.
💠 Tokens earned are extremely limited. Every day a Pixel pool will be created to help devs adjust inflation.
👉Admin's personal perspective: Dev wants to maintain a balanced game until at least late 2024 or early 2025
💠After the list, the Land price increased slightly, the number of users increased sharply to 300k players per day.
💠 The game's ROI is maintained within 20-30 days and is not fixed. If you only try to earn money from the game, the reward will most likely decrease when the game releases new updates. Pixels especially loves players who value staying in the game and not cashing out
💠The game is gradually expanding its trend to a social game with strong interaction on social and in-game platforms. Especially when there are new projects in the game like CyberKongz.
💠 Capital for gaming? Free but best to recharge package 70 $PIXEL to buy 3 months vip. The amount is extremely small compared to other games in the same system
💠Game updated every day and every week. Each change is carefully calculated by the Pixels and Sky Mavis teams to help attract new players and retain old players.
👉You can pay attention specifically to the Gamefi section - even a small change can turn players away. However, Pixels is still proving its strategy very well.
👉The game does not have a fixed playing time requirement. Suitable for even busy players who only have 15-30 minutes of gaming per day. #Pixels