FTX activity in cryptocurrencies

FTX activity in cryptocurrencies

FTX activity in cryptocurrencies. FTX, the cryptocurrency exchange that surprisingly went bankrupt in November 2022, has been creating volatility on Bitcoin and altcoins for the last two days. It was announced by the new management of FTX that a total of $ 7 billion in assets, including $ 3.4 billion in crypto assets, were rescued.

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Investors who are aggrieved and still waiting for their cryptocurrencies to be returned are increasing their expectations of a potential sale risk from $3.4 billion worth of cryptocurrencies. As a matter of fact, it is evaluated that the FTX exchange, which is thought to make cash payments to many of its customers, can make these sales in order to create a money source.

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