imagine watching that much btc leave your storage

🎯

I don’t understand enough bout etfs and stock issuers with bs yields who owe bitcoin to understand all this… But selling Bitcoin at these prices to pay fiat and losing customers as well…

I’d suggest that FTX has now completed or close to complete its 450 million $ or so share sell off granted by the judge in November 2023 to sell to pay off creditors

Apart from minor sells in shares for people switching companies

I’d say their sell pressure open on Monday will be 90% less and the buying funds will take control

how exactly did this happen to them?