TechFlow News — Ki Young Ju, co-founder and CEO of on-chain analytics firm CryptoQuant, tweeted that FTX's stablecoin reserves have just hit a one-year low at $51 million, down 93% over the past two weeks.
Meanwhile, FTX has seen record-high hourly ETH withdrawal volumes, and exchange reserves of the FTT token have reached an all-time high, with approximately 60% of FTT's circulating supply now held on exchanges.
In addition, on-chain data shows that Alameda Research is making large stablecoin deposits into FTX. Over the past 24 hours, they deposited a total of $257 million.Original link
Add to Favorites
Share to Social Media
