Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO Changpeng Zhao’s confirmation that the cryptocurrency exchange would liquidate its FTT holdings, investors have since begun distributing their FTT investments. Trading at $22.47 at the time of press, data from […]
