FTX mostly trades Bitcoin IOUs (future contracts) not real bitcoin. Coinglass shows FTX only holds about 36 real Bitcoin. The market is over reacting to the collapse of a shitcoin & IOU casino.

FTX is bottom of the list of exchanges in terms of bitcoin holdings
https://www.coinglass.com/Balance



Submitted November 09, 2022 at 01:14AM by hyperinflationUSA https://ift.tt/aLtuCkJ

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