Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg

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Three other wallets previously linked to FTX and Alameda sent $188.58 million to crypto exchanges Coinbase, Kraken and Binance on Tuesday, according to blockchain sleuth Lookonchain. It remains unclear whether capital is being consolidated in line with bankruptcy proceedings or if it is being deployed to generate a yield.

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