ftx btc reserve ratio was .105% (assets/liabilities) when it went under, which means two things

1) something like 95k btc (6.8b usd) collateralized about 1.5 TRILLION usd of altcoin market cap

and

2) ftx still had more reserves than nearlry all central banks, who have 0 bitcoin collateralizing their trillions of liabilities

#Bitcoin