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Alameda’s consolidation wallet received $8.5 million from Bitfinex wallet

A wallet attributed to Alameda received about $13 million from three different wallets in the last 24 hours. The biggest chunk comes from an address on centralized exchange Bitfinex, with 6 million USDT and 1,545 ETH (worth around $2.5 million). Bitfinex shows through this movement it is helping liquidators in the fund recovery effort.

The wallet also received 4.6 million USDC from an unknown wallet. It is now holding over $185 million worth of 109 different altcoins and around $26.5 million worth of ETH. The crypto community is now left wondering what could happen if they started unloading the $55 million worth of BitDAO tokens, seeing as it has low liquidity on most exchanges.

The movements witnessed on the wallet, which was received its first transaction on Nov. 22, show that Alameda still has cryptocurrency holdings across multiple wallets and exchanges.

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Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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