The collapsed crypto exchange has been steadily transferring out hefty volumes of LUNC from its hot wallet in the last week. At the time of writing, FTX’s balance sheet holds only 66.9 billion LUNC.
Precisely, data extracted from the Terra Classic blockchain explorer dubbed Terra Finder, showed that the FTX Hot Wallet address moved approximately 82.5 billion LUNC in the past week via eight transactions.
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