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Spot On Chain: There haven't been many significant changes to FTT on-chain tokens in the past few hours, only internal exchange transactions

Spot On Chain: There haven't been many significant changes to FTT on-chain tokens in the past few hours, only internal exchange transactions

2024/02/01 05:17
FTT-1.41%

According to Spot On Chain monitoring, FTX and Alameda still hold 76% of the total supply of FTT, without selling in the past two months, despite FTT prices reaching $5.5 at certain times. In the past few hours, there have not been significant changes in on-chain tokens, only internal exchange trading. Due to limited circulating supply and news about "defunct cryptocurrency exchanges not restarting," whales are gathering. Pay attention to security and monitor funding rates.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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