Bankrupt cryptocurrency companies FTX and Alameda are making very good decisions about when to exit the market.
According to data from the blockchain analysis platform Spot On Chain, FTX and Alameda liquidators made profits by selling before the drop in the cryptocurrency market with an average of 3,426 dollars per unit on the Coinbase exchange 2,500 Ethereum (ETH). The price of Ethereum fell to below 3,200 dollars after the decline began in the market.
Wallets belonging to FTX and Alameda, deposited 15,850 ETH at an average of 3,659 dollars per unit to Coinbase since March 1. After these transactions, the Ethereum price generally showed a downward trend.
