Address 0xd275, allegedly one of the addresses of misappropriating customer funds disclosed by ex-employees of FTX is transferring a lot of WBTC and ETH to Cex!

Over the past 1.5 hours address 0xd275 deposited:

- 1,140 WBTC ($32.89M) to Bitfinex.

- 15,000 ETH ($27.17M) to Binance, Coinbase and Kraken.

This happened amid ETH and WBTC prices skyrocketed over the past 24 hours.

This wallet address is the wallet that Sam (CEO of FTX) used to trade with his user funds and now it has started to trading again. It managed to accumulate both tokens during dumps and then clear out WBTC and ETH right before prices dropped several times.

Overall it has good performance with WBTC and ETH over the past month.

What do you think about this ? Will FTX return the lost funds of users by continue to trade WBTC and ETH?

Source: https://twitter.com/spotonchain/status/1671447587285778433