FTX and Alameda-linked wallets transfer $75 million in ether to market maker Wintermute
Onchain data shows FTX bankruptcy estate and Alameda Research wallets sent about $75 million in ether to Wintermute, with the purpose of the transfer unconfirmed.
Why it matters
The transfer signals the FTX estate may be preparing to sell or hedge ether holdings tied to its ongoing creditor-repayment process, though no sale has been confirmed on chain.
Where the sources disagree
Day the transfer occurred
$75 million
CoinDesk
$65.05 million
Bitcoin.com News
CoinDesk describes the transfer as happening early Wednesday, while Bitcoin.com News says it happened on Tuesday.
Key facts
FTX and Alameda Research-labeled wallets transferred about 27,372-27,373 ether, worth roughly $75 million, to Wintermute across six wallets.
75,000,000 USDDisputed figureReported by CoinDesk
PeckShield flagged a 23,639 ETH transfer worth about $65 million from an Alameda/FTX-labeled address to Wintermute.
23,639 ETHReported by CoinDesk
Onchain analyst EmberCN traced six wallets transferring a combined 27,372-27,373 ETH to Wintermute.
27,372 ETHReported by CoinDesk
It has not been confirmed whether Wintermute sold the transferred ether or what the transfer was intended for.
Reported by CoinDesk
The FTX Recovery Trust has a planned $2.2 billion creditor payout in March.
2,200,000,000 USDReported by CoinDesk
The FTX Recovery Trust has paid creditors roughly $11 billion across five distribution rounds.
11,000,000,000 USDReported by Bitcoin.com News
Ether traded near $2,750 on September 23, up 15% over seven days.
2,750 USDReported by Bitcoin.com News
What happened
Wallets labeled as belonging to the FTX bankruptcy estate and Alameda Research transferred roughly 27,372-27,373 ether, worth about $75 million, to crypto market maker Wintermute across six wallets, according to CoinDesk and Bitcoin.com News. Onchain analyst PeckShield flagged the largest single tranche of 23,639 ETH worth about $65 million, while EmberCN tracked the combined multi-wallet movement; Bitcoin.com News also cites lookonchain as flagging the same 23,639 ETH portion. Neither outlet can confirm whether Wintermute sold the ether or what the funds are intended for, though CoinDesk notes the transfers coincide with the FTX Recovery Trust's ongoing creditor-distribution program, including a planned $2.2 billion payout in March. Bitcoin.com News adds that Wintermute is an OTC desk that estates often use to avoid moving prices against themselves when liquidating large positions, and reports the FTX Recovery Trust has paid creditors roughly $11 billion across five distribution rounds. Bitcoin.com News also reports ether trading near $2,750 on September 23, up 15% over seven days.
How the story developed
- First report
First report by CoinDesk
FTX, Alameda-linked wallets send $75 million in ether to Wintermute, onchain data shows
- Update
Onchain trackers spot $75 million ether transfer to Wintermute
PeckShield and EmberCN flag wallets tied to FTX and Alameda Research moving ether to a Wintermute wallet.
- Official statement
Official statement from Bitcoin.com News
ETH Price Nears $2,800 as FTX Estate Sends $75M in Ether to Wintermute
- Update
Bitcoin.com News corroborates transfer with additional context on ether price and OTC rationale
Report adds detail on Wintermute's OTC role and FTX Recovery Trust's cumulative creditor payments.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 23 Sept 2026, 09:57 UTC: CoinDesk — 1 independent source, 1 reports
- 23 Sept 2026, 11:05 UTC: Bitcoin.com News, official — 2 independent sources, 2 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | ETH Price Nears $2,800 as FTX Estate Sends $75M in Ether to Wintermute | Independent | |
| CoinDesk Crypto media | FTX, Alameda-linked wallets send $75 million in ether to Wintermute, onchain data shows | Original |
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