Hey there, crypto-folks! Ever heard of a garage sale but for digital treasures? Well, FTX, the once-giant of the crypto bazaar, just threw one! According to on-chain gossip, they’ve been offloading altcoins like there’s no tomorrow.

After the latest Bitcoin ETF approval parade, FTX and Alameda Research, acting like savvy merchants, shipped off a whopping $28.2 million worth of assets to Binance and Coinbase. Talk about spring cleaning!

Here’s the hot list of what they sold – at bargain prices, of course:

• Wrapped Bitcoin (WBTC): 402.6 of these digital gold bars, averaging $46,501 each, for a cool $18.72 million. That’s a lot of virtual bling!
• Ethereum (ETH): 3,200 of these fancy digital coins, at an average of $2,528 each, totalling $8.09 million. Ethereum shopping spree, anyone?
• Pendle (PENDLE): 602,000 of these little guys, at a mere $1.73 each, cashing in at $1.04 million. Small but mighty!
• ConstitutionDAO (PEOPLE): 9.03 million of these, at the budget price of $0.0387 each, totalling $350K. Democracy in digital form!

Since October 24, 2023, FTX and Alameda Research have been moving tokens around like they’re playing musical chairs, transferring $665 million worth of 85 different tokens across Ethereum, Solana, and Avalanche. Despite this massive token migration, they’re still sitting on a gold mine of over $1.10 billion in EVM assets. Talk about hoarding!

And for the curious cats out there, Santiment’s got a juicy tidbit: “Watch out for these two altcoins – if there’s a short squeeze, prices could skyrocket!” Gotta love some good ol’ market drama.

So, what’s left in FTX and Alameda’s treasure chest? Here’s a sneak peek:

• FTXToken (FTT): A hefty $768.348 million worth of 257.835 million tokens.
• Tether Gold (XAUT): Shiny $19.207 million worth of 9.389 tokens.
• Tokamak Network (TON), Gate (GT), LEO Token (LEO), Wrapped Ether (WETH), Ethereum (ETH), Dai (DAI), Stargate Finance (STG), OKB: A mix of digital goodies adding up to some serious coin.