Alameda Research Withdraws More Than $14 Million in Bitcoin, Ethereum and Stablecoins

According to Onchain Lens (blockchain tracking service), the transfers from KuCoin (cryptocurrency exchange) included Bitcoin, Ethereum, MASK and Tether within the past two hours.

BTC

ETH

USDT

42d ago

Summary

Alameda Research moved more than $14 million in digital assets from KuCoin, according to on-chain data cited by Onchain Lens (blockchain tracking service). The tracked withdrawals included 162.64 Bitcoin worth $13.21 million, 274.29 Ethereum worth $630,000, 315,300 MASK (Mask Network token) worth $168,000, and 6.877 million USDT (Tether stablecoin). The activity was reported over a two-hour period, indicating a notable transfer of crypto assets from the exchange.

Terms & Concepts

USDT (Tether stablecoin): A blockchain-based token designed to maintain a value pegged to the U.S. dollar and commonly used for trading and transfers.
On-chain data: Blockchain transaction records that can be publicly tracked to monitor wallet movements, exchange flows and token transfers.
MASK (Mask Network token): The native token associated with Mask Network, a crypto project that connects social media activity with blockchain-based functions.