Share this article
Alameda Research Receives $57M From Crypto Exchange OKX
Alameda Research-controlled wallets hold over $240 million worth of cryptocurrencies.
Updated May 9, 2023, 1:20 p.m. Published May 9, 2023, 11:27 a.m.
Crypto wallets tied to Alameda Research, the trading unit tied to bankrupt crypto exchange FTX, today received millions of dollars worth of tokens from crypto exchange OKX.
Data from the on-chain analytics tool Arkham Intelligence show Alameda received just over $57 million of tether , and $300,000 in mask (MASK) tokens from OKX earlier Tuesday.
STORY CONTINUES BELOW
In the past hour, Alameda Research wallets have received $57.77M in USDT from OKX.
— Arkham (@ArkhamIntel) May 9, 2023
Link to Arkham wallet address below: pic.twitter.com/9JXhH0sQnR
The receiving wallets are wholly controlled by the FTX Bankruptcy Estate, created in the wake of FTX and Alameda’s collapse last year to help creditors of the two companies.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Ethereum’s ‘Glamsterdam’ upgrade aims to fix MEV fairness
The full scope of Glamsterdam has not yet been finalized, but developers are targeting it to go live in 2026.
What to know:
- Ethereum developers, fresh off last month’s successful Fusaka upgrade, which cut down costs for nodes, are already moving full-steam ahead on planning the blockchain’s next major change.
- Glamsterdam is a two simultaneous upgrades taking place on Ethereum’s two core layers.
- At the heart of the upgrade is ePBS and Block-level Access Lists.
- Developers haven't decided on the full scope of the upgrade but are targeting it for 2026.
Top Stories
