"First Mover" dives into the day's top stories, including the sudden sale of several tokens held by Alameda Research worth some $1.7 million. On-chain data shows the ether-based token holdings were liquidated in a span of just a few hours and ultimately exchanged for bitcoin. Plus, CoinDesk Managing Director Andrew Baehr reveals there is a silver lining in the past year's performance of BTC and ETH. And, Ovie Faruq, aka OSF, NFT artist joins CoinDesk Reporter Eli Tan to discuss the state of the NFT market.
Alameda Research Liquidated Ether-Based Token Holdings for Bitcoin in Past 24 Hours, On-Chain Data Shows
The move came days after Sam Bankman-Fried was released from jail on a $250 million bond.
Resources
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