⚡️LATEST: Binance sold 94% of its #Bitcoin reserves, 99.9% of $ETH and 99% of $SOL in January, though these were profits, not customer funds, analyst AB Kuai.Dong reports.

⚡️LATEST: Binance sold 94% of its #Bitcoin reserves, 99.9% of $ETH and 99% of $SOL in January, though these were profits, not customer funds, analyst AB Kuai.Dong reports.

I guess the supply shock will be monumental
Didn’t FTX only hoarded FTT at the end? Similar vibes.