🔽 Analysis: How could the FTX bankruptcy process affect the market?

Key points:

• FTX transferred RAY tokens worth over $11 million and SOL tokens valued under $5 million to Binance.

• FTX retains 6.46 million RAY tokens, valued at $38.73 million.

• The speed of FTX’s asset liquidation remains uncertain, with potential market effects depending on whether the RAY tokens are released gradually or all at once.



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