Days before the exchange collapsed, Alameda withdrew $204 million in cryptocurrency from FTX US.

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Days before the cryptocurrency exchange declared bankruptcy, Alameda Research apparently withdrew the most money from FTX US, the FTX subsidiary in the United States.

According to crypto intelligence firm Arkham, the majority of the withdrawn cryptocurrency were transmitted to FTX International wallets, “suggesting that Alameda may have been functioning to bridge between the two businesses. “

Alameda Research withdrew the most money from FTX US, the American division of FTX, days before the cryptocurrency exchange collapsed, according to an analysis released by the crypto intelligence company Arkham on Friday.

Alameda withdrew the most money ($204M) from FTX US in the last four days preceding the bankruptcy, according to an analysis by Arkham.

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Days before the exchange collapsed, Alameda withdrew $204 million in cryptocurrency from FTX US.

According to Arkham, Alameda Research transferred the cryptocurrency holdings it withdrew to eight separate addresses.

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According to the crypto intelligence company, of the $204 million:

According to Arkham, the withdrawn wBTC was sent to the Alameda WBTC Merchant wallet before being fully bridged to the BTC blockchain.

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