According to CoinDesk, on-chain data shows that about $1.7 million worth of ERC-20 tokens in Alameda-linked wallets were sold on the open market on Wednesday, raising concerns among some community users about the sharp drop in prices of these tokens. The tokens sold mainly include USDC, DAI, CRV, ETH, CVX, etc. The tokens were merged from several wallets to two wallets, and then sold and exchanged for USDT. ZachXBT noted that the funds were then converted into BTC. Alameda still holds more than $112 million worth of various cryptocurrencies, according to Arkham Intelligence, down from a previously reported holding of $140 million in mid-November.