This Week in Crypto: Multiple Indicators Show BTC Whales Capitulates; Genesis Warns of Possible Bankruptcy
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FTX Account Drainer Swap ETH for BTC
After days of swapping funds withdrawn from FTX to ETH, the purported “FTX Account Drainer” is now swapping for BTC holdings with its ETH stack, exerting selling pressure on the price of ETH. Find out more here.