The address starting with 0x59ab sells part of the assets transferred from FTX through DEX

ChainCatcher news, Lookonchain monitoring data shows that a large amount of funds have been transferred from FTX and sold through DEX. Currently, the UNI, stETH, 1INCH, WBTC, SUSHI, YFI, and LDO from the address starting with 0x59ab are being sold, while still holding PAXG, LINK, MATIC, AAVE, SNX, SHIB, and APE. In addition, $166 million of funds have been transferred from FTX to the address starting with 0xd801, including tokens such as SRM, MATIC, CHZ, DYDX, BAND, MANA, ENS, CEL, HT, GRT, GALA, CRV, etc.

Moreover, according to monitoring data from PeckShield, funds from the FTX address starting with 0x2faf began transferring to a new address one hour ago, with 45.85 million FTT (approximately $100 million) transferred from the address starting with 0x2faf to the address starting with 0xd801 (which has been marked as FTX on Etherscan). The address starting with 0xd801 appears to have received funds from the Binance US smart contract 0x97f9…E5c, which is a multi-signature contract allowing multiple signers 0x5b63…3BD/0xC945…Fd3/0x8b41…E4A to review and agree on an action on the blockchain before it can be executed.

According to previous reports, on-chain data shows that a large amount of exchange assets from FTX and FTX US have started to consolidate into the same on-chain address 0x59abf3837fa962d6853b4cc0a19513aa031fd32b. (Source link)