FTX's hole could be as high as $6B

  • The good news is it seems to be limited to that
FTX

Gulp...

Hitting the bid from FTX in its FTT token at $22 when it was there, would have been a great trade.

ftt

Meanwhile, Bitcoin traded to a new low at $16794. Have no fear, that is still up 336% from the March 2020 covid low. Why worry.

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Bitcoin on the daily chart

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