FTX Price Prediction as Binance CEO Dumps $500 Million Token Holdings – Can FTT Recover?
The price of FTX (FTT) has declined by 3% in the past 24 hours, following Binance’s announcement that it would liquidate the entirety of its holdings in the token. Binance’s decision comes after a leaked report suggested that the exchange utility token comprises nearly 40% of the assets of Alameda Research, a trading platform closely tied to FTX….
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