Arkham data shows that a U.S. government-controlled address holding seized funds tied to FTX and Alameda transferred 4,815 ETH to Coinbase on July 15. The transfer was valued at $9.29 million based on the figures cited in the report. The funds were described as assets under U.S. government custody after being seized from FTX/Alameda. According to the same report, the transfer may signal an upcoming sale, with proceeds potentially used to repay FTX creditors. The move was cited by BlockBeats as part of whale-tracking market activity.
According to BlockBeats on July 15, Arkham monitoring shows that a U.S. government-controlled address holding seized funds from FTX/Alameda transferred 4,815 ETH to Coinbase, valued at $9.29 million.
The transfer may indicate that the assets are about to be sold to repay FTX creditors.
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