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Market Update: #FTX Impact & $BTC Dumping 🤯
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FTX emerges as key player in #GBTC outflow
➡️ FTX sells $1 billion of Grayscale's Bitcoin ETF
➡️ 22 million GBTC shares offloaded
🔰 Terraform Labs, led by Do Kwon, has filed for Chapter 11 bankruptcy protection, with an estimated range of $100 million to $500 million in both assets and liabilities.
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