FTX Estate Moves $75 Million in Ether to Wintermute Through Six Wallets
Blockchain records show 27,372 ETH moved across six wallets. The transfer’s purpose and whether the assets were sold have not been confirmed.
Blockchain records show six wallets associated with FTX and Alameda Research moved a combined 27,372 Ether (ETH), valued at about $75.32 million, to Wintermute on Sept. 22-23.
The largest transfer moved 23,639.225 ETH at 4:54 p.m. ET on Sept. 22 (20:54 UTC). The transaction was valued at $64.98 million using a reference price of $2,753.25 per ETH and went to an address labeled “Wintermute 5.”
The records confirm the movement of funds to Wintermute-labeled addresses but do not establish that the Ether was sold. The transfer’s purpose, including whether it involved a hedge, inventory management or creditor repayment, has not been confirmed.
The FTX Recovery Trust has continued liquidating or recovering estate assets while distributing funds to creditors. Its fifth distribution, totaling approximately $900 million, began July 31.
