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HomeCrypto NewsFTX Token Plummets as Market Fears Doable Alameda Contagion

FTX Token Plummets as Market Fears Doable Alameda Contagion



Since then, the market has grown involved about FTX’s liquidity. The trade has confronted an enormous stablecoin exodus, with $451 million being despatched off its foremost platform over the past week, and $15 million being pulled from its U.S. subsidiary, based on Nansen information. At present, FTX has a steadiness of $59.2 million USDC and $28.5 million USDT, together with $8.6 million BUSD. FTX US has $41 million USDC, $12.8 million USDT, $39 million PAX, and $11.3 million BUSD accessible.

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