Bank Run on Crypto Exchange FTX…Ethereum Reserves Drained (Solana Sold Off?)
Today let’s look at the bank run that is happening with FTX. Ethereum and other reserves on FTX’s hot wallet are tanking. Sam Bankman-Fried is pushed into a corner…is he resorting to selling off Solana?
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0:00 Intro
0:50 FTX Maybe Insolvent
2:40 Withdrawal Issues
4:00 Mass Outflows
4:15 CZ Responds
5:30 SBF Donations
6:15 FTX Reserves
9:00 SOL Decline
11:00 SBF Defending
15:00 Solana EVM
15:20 USDC Supports SOL
15:30 Beeple On SOL
16:00 Market Overview
16:50 Bitcoin Decouple
17:25 Bitcoin Charts
18:30 Q&A
🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
#bitcoin #ftx #ethereum