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The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Concerns around the liquidity of FTX and Alameda Research fueled contagion fears, bringing the crypto market down and causing huge liquidations.
Coinglass data shows that FTX's BTC balance is now negative at -197.95 BTC after over 20K BTC left the exchange in the past 24hrs
FTX's Bitcoin holdings fell to 6,000 in November from 80,000 in January, while Binance now holds more than 640,000 Bitcoin.
Bitcoiners with less than 1 BTC entered an accumulation phase at the end of October but whales are not yet on board with the bullish sentiment
SBF assures that all is well with FTX, 50,676 Bitcoins confiscated in relation to 2012 silk road attack, and more in this edition of CryptoSlate Wrapped Daily.
Bitcoin has a better chance of returns within a year than winning the lottery.
50,676BTC has been taken into U.S. custody following the conviction of Silk Road attacker James Zhong who pleaded guilty on Nov. 4
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
