Alameda liquidates millions worth of tokens for Bitcoin

Alameda Research addresses sent millions worth of tokens to decentralised exchanges and crypto mixers on Wednesday.
According to on-chain data, the tokens were swapped into USDT before being converted into Bitcoin.
The Alameda wallets sprung into life a few days after FTX co-founder Sam Bankman-Fried was released on a $250 million bail.Crypto wallets linked to Alameda Research, the quant trading arm of collapsed cryptocurrency exchange FTX, were massively active on Wednesday, on-chain data show