The worst week in crypto history... so far.
Many Happy Returns
FTX Liquidation
Binance was one of the largest early investors in FTX. It received a lot of these FTT tokens, the native token of FTX. The company liquidated its holdings last week due to unspecified revelations. This is kind of like the Fed deciding it was going to dump $9 trillion worth of treasuries into the open market.
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