Data: FTX and Alameda still hold 76% of the total supply of FTT
According to Spot On Chain monitoring, FTX and Alameda still hold 76% of the total supply of FTT and have not sold any in the past two months, even when the price of FTT 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, whales are mainly involved in FTT trading.
Previous news reported that FTX is expected to fully pay cryptocurrency customers in bankruptcy liquidation and will not restart.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Schnabel of the European Central Bank states that central bank money “must be on-chain”
HyperLabs applies to redeem 433,000 HYPE tokens worth $36.14 million
Cardano Hits 10,166% Liquidation Imbalance as Price Tests $0.2 Support
Satoshi's Bitcoin Genesis Block Puzzle Gets New Clues, but Mystery Remains
Crypto prices
More
