Alameda Research Exchanged Alts with BTC and USDC

in crypto •  2 years ago 

Alameda Research withdrew many tokens from FTX Exchange and repaid them to Aave.

  • 3M $ZRX($706,044)
  • 1.27M $MANA($754,036)
  • 202 $YFI($1.5M)
  • 2,026 $MKR($2M)
  • 2.5M $CRV($2.18M)
  • 34,999 $BAL($208,596)

And Alameda withdrew 20M $USDC and 500 $WBTC(9.5M) from Aave.

There are some possibilities around this action.
Alameda may have a plan to prepare upcoming worst season of crypto and then it may be followed by BTC leading market.
Or Alameda may have a plan to invest in lower market cap altcoin projects instead of already big marketcap grown top line altcoins. And it is very effective to consider regulation issue.
Alameda and FTX may want to avoid any possible troubles that governments will chalenge at some points.
I don't think it has liquidity difficultites around this tough season, it is clever enough to consider all that matters in advance.

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