Express

FTX's Bitcoin Balance Plummets Following Mass Withdrawals

Tris Bell

Summary: A large number of investors have withdrawn bitcoins from FTX amid concerns about the conditions of the exchange. FTX’s balance has plummeted to one from 20,000 in less than 24 hours. Total bitcoin balances across all exchanges is at just over two million, according to data from Coinglass. The largest holders are Coinbase Pro and ...

A large number of investors have withdrawn bitcoins from FTX amid concerns about the conditions of the exchange. FTX’s balance has plummeted to one from 20,000 in less than 24 hours.

Total bitcoin balances across all exchanges is at just over two million, according to data from Coinglass. The largest holders are Coinbase Pro and Binance, each with more than 500,000 coins.

Author: Tris Bell

Last Update:

Tags: ,,
Link: FTX's Bitcoin Balance Plummets Following Mass Withdrawals   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.