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![FTX wallet shifts $10M in crypto, sparking fear of token dumps to come](https://i-invdn-com.investing.com/news/Cryptocurrencies_800x533_L_1556527948.jpg)
A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the (SOL) network to , sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings.
According to data from blockchain analytics platform Arkham Intelligence, since Aug. 31, the FTX wallet has transferred $6.23 million worth of Ether (ETH) and more than $4 million in altcoins.
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