FTX Official Wallet Transfers 0.303 BTC Ahead of Upcoming Repayment Test

In a notable development within the cryptocurrency ecosystem, COINOTAG reported on February 17 regarding the FTX official wallet’s recent activity. According to data analyzed by Arkham, the wallet executed three separate transactions, cumulatively amounting to 0.303 BTC. This movement appears to be indicative of an initial test related to FTX’s repayment protocol, which has generated significant interest among stakeholders. Anticipation has been building, as earlier communications suggested the commencement of FTX’s repayment schedule is set for February 18, 2025. This pending activity aims to provide vital liquidity to affected customers, thereby enhancing their confidence in the ongoing restructuring efforts. The situation remains dynamic, and market participants are closely monitoring these developments as they unfold.