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FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance

Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance

Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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