The Block Vice President of Research: Alameda's on-chain balance decreased by 47% compared to October 1, with most funds deposited into FTX and Genesis

ChainCatcher message, The Block's Vice President of Research Larry Cermak compiled a database of all wallets marked as related to Alameda. The data shows that the total on-chain balance of Alameda decreased by $230 million (a 47% decrease) compared to last month (as of October 1), with most of the funds deposited into FTX and Genesis.

Larry Cermak stated: "It is always important to note that on-chain data (only on Ethereum) will never provide a complete picture of what is happening. There are many off-chain assets, and theoretically, Alameda could also just be creating new wallets." (source link)