FTX mostly trades Bitcoin IOUs (future contracts) not real bitcoin. Coinglass shows FTX only holds about 36 real Bitcoin. The market is over reacting to the collapse of a shitcoin & IOU casino.

FTX mostly trades Bitcoin IOUs (future contracts) not real bitcoin. Coinglass shows FTX only holds about 36 real Bitcoin. The market is over reacting to the collapse of a shitcoin & IOU casino.
hyperinflationUSA
0
0

FTX mostly trades Bitcoin IOUs (future contracts) not real bitcoin. Coinglass shows FTX only holds about 36 real Bitcoin. The market is over reacting to the collapse of a shitcoin & IOU casino.

FTX is bottom of the list of exchanges in terms of bitcoin holdings
https://www.coinglass.com/Balance