Exchange users keep up the pressure with ongoing BTC withdrawals.
“The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds,” Maxine Waters, Chair of the U.S. House Financial Services Committee, which will host the hearing, said,The Coinglass figures meanwhile show that even those exchanges with no exposure to FTX have failed to stem the exodus.
In total for the week, 134,000 BTC has left their books — the equivalent of around $2.2 billion at current prices, with around $1.5 billion coming from U.S. platforms.
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