TechFlow reported, according to Spot On Chain monitoring, FTX and Alameda still hold 76% of the total FTT supply and have not sold any over the past two months, even when the FTT price once reached $5.5.
In the past few hours, there hasn't been much significant on-chain token activity, only internal exchange transactions. Due to limited circulating supply, FTT trading is primarily dominated by whale players.
Previous report, FTX is expected to fully repay cryptocurrency customers during bankruptcy liquidation and will not restart operations.
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