🔽 Analysis: How could the FTX bankruptcy process affect the market?
Key points:
@just 📰
Key points:
• FTX transferred RAY tokens worth over $11 million and SOL tokens valued under $5 million to Binance.
• FTX retains 6.46 million RAY tokens, valued at $38.73 million.
• The speed of FTX’s asset liquidation remains uncertain, with potential market effects depending on whether the RAY tokens are released gradually or all at once.
@just 📰