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FTX estate moves $75M in Ether to Wintermute, signaling large-scale liquidation activity.

Market News
23 Sep 2026
Bitcoin
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Neutral
FTX estate moves $75M in Ether to Wintermute, signaling large-scale liquidation activity.

The FTX bankruptcy estate transferred 27,372 ETH, worth about $75.32 million, to market maker Wintermute through six wallets. This move is part of ongoing liquidation efforts to pay creditors, who have received roughly $11 billion across five distribution rounds. Routing the Ether through Wintermute helps avoid market disruption by selling gradually rather than dumping large amounts at once. Ether's price has rebounded recently, trading near $2,750, which may help the estate achieve better sale prices amid continued liquidation sales.

As of Sep 23, 2026 18:22 WIB, Ethereum trades at Rp48.500.000 on Pluang, down 1.05% in the past day. The platform shows a market cap of Rp5.929,62 trillion and a 24-hour trading volume of Rp263,32 trillion. Despite the recent transfer of 27,372 ETH by the FTX estate, Pluang order activity leans slightly towards buying at 56%, with typical hold times around 106 days.

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