According to @ai_9684xtpa, Flow Traders is suspected to be a market maker or financial services provider for CRO based on on-chain withdrawals totaling 607 million CRO over the past four months, valued at $60.47 million with an average withdrawal price of $0.0996 (source: @ai_9684xtpa). According to @ai_9684xtpa, 98.8% of the withdrawn CRO has been transferred to BitGo-related contract addresses, with specific wallet addresses cited by the source (source: @ai_9684xtpa). According to @ai_9684xtpa, the flows were withdrawn from the site referenced by the source and consolidated into custody addresses tied to BitGo (source: @ai_9684xtpa).

According to @ai_9684xtpa, FTX/Alameda transferred 190,837 redeemed SOL worth about $34.06 million to Bitgo roughly 7 hours ago, marking a large on-chain movement linked to the bankruptcy estate, source: @ai_9684xtpa. The source states the funds are intended for FTX creditor compensation, implying near-term sell-side overhang risk for SOL if liquidation proceeds, source: @ai_9684xtpa. Traders may monitor any subsequent custody-to-exchange flows, SOL spot liquidity, and order-book depth for distribution signals following this Bitgo move, given the source’s creditor-payout indication, source: @ai_9684xtpa.