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NFT News

Data on the chain shows that the FTX US wallet still holds more than 500 NFTs on the Solana chain

January 8, 2023
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Conor, a former Bridgewater Fund employee and current Coinbase business director, disclosed that data on the chain showed that SBF/Alameda had purchased millions of dollars of NFTs on the Solana chain and once pushed up the floor price and transaction volume of multiple projects.
The “6gfi6GSjrhqc5xDLtDkVrTR61Hi7GMNPmJknxvbqzb1x” address is the address used by SBF to bridge from Ethereum to Solana in January 2021 and inject millions of dollars worth of SOL tokens into it.

This address purchased more than 500 NFTs in October 2021, including several blue-chip NFTs with prices as high as “5 figures”. FTX US launched the Solana NFT deposit and withdrawal function in the following November. All of these NFTs are currently in the FTX US NFT wallet, so FTX creditors in the current bankruptcy proceedings will need to claim not only the Boring Apes held by FTX, but also the Solana on-chain NFTs.

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