Bankrupt FTX crypto exchange moves millions in crypto assets, including LINK and MATIC, potentially signaling an intention to sell tokens.

LINK

AGLD

Bankrupt crypto exchange FTX moved another batch of crypto assets worth millions including Chainlink's LINK and Polygon's MATIC Thursday afternoon, blockchain data revealed.Some $2.6 million in LINK and $1.3 million in adventure gold AGLD were deposited to Coinbase originated from FTX-related crypto wallets, on-chain sleuth Lookonchain noted in a X post.Another $4.8 million in MATIC left an FTX wallet to an intermediary address, which then transferred a $1.8 million chunk of the tokens to Coinbase, blockchain analytics platform Arkham Intelligence data showed.Earlier today, some $19 millions worth of crypto including solana (SOL) and ether (ETH) left FTX cold wallets and were deposited to exchanges.The deposits potentially signal an intention to sell tokens. A U.S. bankruptcy court last month granted FTX permission to sell, stake and hedge its $3.4 billion worth digital asset stash after the company tapped Galaxy Digital to manage the token holdings.The transactions happened as Sam Bankman-Fried, the founder of FTX and its sister trading firm Alameda Research, was scheduled to testify at his criminal trial Thursday afternoon.

FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies