Https://cb.run/aNT7 FTX Once Again Processing Withdrawals, On-Chain Data ShowsStruggling crypto exchange FTX appears to be processing withdrawals again, according to publicly available blockchain data.
Data from Etherscan – an explorer for analyzing transactions on the Ethereum blockchain – shows that FTX’s public wallet began executing a swath of outbound transactions beginning at 03:39:11 PM UTC on Thursday.
This follows an over 48-hour period during which FTX was only taking in deposits.
FTX initially admitted to its liquidity troubles shortly after the withdrawal freeze took place on Tuesday.
“Withdrawals coming in hot now — lots of folks getting out large sums,” noted Andrew Thurman, head of content at Nansen...