Crypto exchange users are withdrawing large sums of cryptocurrencies following FTX’s high-profile collapse.
Over the past 24 hours, approximately $1 billion in ether has been បានដក from crypto exchanges, according to Nansen CEO Alex Svanevik. $950 million in USDC Coin (USDC), $400 million in tether (USDT) tokens and $195 million in Binance USD (BUSD) has also been withdrawn.
“Exchanges are getting drained,” Svanevik said.
The widespread crypto withdrawals are taking place after insolvency issues បង្ខំ embattled crypto exchange FTX into signing a letter of intent with Binance, which would see the latter take ownership of the former.
The crypto industry is currently trying to take stock of the situation, as well as the degree of contagion present between FTX, sister firm Alameda Research and their various counterparties.
Meanwhile, the prices of cryptocurrencies most closely associated with FTX and Alameda Research are ជួបប្រទះ steep declines.
រក្សាសិទ្ធិគ្រប់យ៉ាងដោយឆ្នាំ ២០២០ ។ អត្ថបទនេះត្រូវបានផ្តល់ជូនសម្រាប់គោលបំណងព័ត៌មានតែប៉ុណ្ណោះ។ វាមិនត្រូវបានផ្តល់ជូនឬមានបំណងត្រូវបានប្រើជាច្បាប់ពន្ធការវិនិយោគហិរញ្ញវត្ថុឬដំបូន្មានផ្សេងទៀតទេ។
Source: https://www.theblock.co/post/184679/billions-of-dollars-in-crypto-pouring-out-of-exchanges-following-ftx-fiasco?utm_source=rss&utm_medium=rss