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The Daily Hodl 2022-12-29 15:30:43

Alameda’s Crypto Wallets Are Quietly Swapping Funds for Bitcoin (BTC): On-Chain Data

Alameda Research’s Ethereum (ETH) addresses are quietly swapping altcoins for Bitcoin (BTC), according to on-chain sleuths. The pseudonymous on-chain researcher known as Ergo says on Twitter that Alameda addresses are “digging around in the sofa for spare change” and swapping ERC-20 tokens for ETH and the top stablecoin Tether (USDT). The ETH and USDT are The post Alameda’s Crypto Wallets Are Quietly Swapping Funds for Bitcoin (BTC): On-Chain Data appeared first on The Daily Hodl .

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