Exchange balances of FTT are also surging, according to data provided by Glassnode. Typically, high exchange balances imply that there's a lot of liquidity for buying and selling tokens. This usually results in a downwards price trend as traders look to sell tokens.shows that FTX is suffering from a major spike in exchange outflows. During the last week approximately $292 million in stablecoins have left FTX.
Traders could be departing the exchange over fears of liquidity issues, as Alameda is a large market maker on FTX., a token backed by Alameda and FTX, is down 11% on day. According to a copy of the Alameda balance sheet seen by CoinDesk, Alameda holds $292 million of “unlocked SOL,” $863 million of “locked SOL” and $41 million of “SOL collateral.”Perhaps the fears of a full-blown liquidity crisis are overblown as market leaders BTC and ETH held steady.
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thesamreynolds Get all your funds out of $FTX $FTT this is going to hurt big time for a lot of people, they can't keep buying their own coin, don't trade against the trend!!!
thesamreynolds Perhaps the fears of a full-blown liquidity crisis are overblown as market leaders $BTC and $ETH held steady.
thesamreynolds SBF_FTX will sell btc eth and dump sol to buy ftt Then almost ftt token in 3 big wallet of ftx jump Alameda they will control 99% FTT token. And wen its come. Ít bad token, No valueable
thesamreynolds I love ftt wen 1$
thesamreynolds Do you know you can work from home and earn good profits and make money weekly through Cubic Fx Token just follow BryanFreemanFx
thesamreynolds SBF_FTX Clearly, you’re one of the strongest players in the field.
thesamreynolds Stay away from SOL and FTT. It Means short short short
thesamreynolds
thesamreynolds Gonz0777 GoldieMD84
thesamreynolds so why BTC dumping since Alameda allegedly owns none?
thesamreynolds This is why you should NOT buy exchange issued tokens!! Stick with BTC ETH + blue chips that are not affiliated to any exchange or persons.
thesamreynolds More importantly SBF owns a suit apparently. Might be rented....
thesamreynolds Dump it
thesamreynolds Get bitcoin out of ftx. They will likely dump sol and their ambiguous btc holdings to prop up ftt price
thesamreynolds Please tag me when this love story is filmed for a series on netflix.