Token transfers from the bankrupt cryptocurrency exchange FTX and Alameda-associated addresses are closely monitored by the crypto community. In a strategic move, FTX deposited 1,548 ETH worth $3,160,000 to Binance through Wintermute Trading about three hours ago. This high-profile transaction has made waves in the crypto world as every move by the bankrupt FTX is interpreted as a sell-off wave. At the time of writing this article, Ethereum is trading at $2,016. Since October 24, both FTX and Alameda addresses have conducted an impressive series of transactions, moving 47 different tokens and totaling a staggering $452 million in transfers. The significance of this unprecedented fund movement reflects the current state both organizations find themselves in. As for FTX, the legal process is still ongoing.