#MarketCorrection
The Four of Hearts ended as painfully as possible 🩸
The extraction caused $2.6 billion in liquidation on the market, leading to the collapse of FTX.
The index of fear and greed dropped to 9 - such values were not expected in 2022, since the collapse of Terra.
Over the past year, investors have been massively withdrawing money from crypto ETFs:
— BTC: minus $1.1 billion
— ETH: minus $341 million
— SOL: minus $5.5 million
Tim no less, the SAFU Binance fund purchased an additional 3,600 BTC for $233.37 million. The total portfolio value is already $403 million.
BTC
68,785.86
-3.12%
ETH
2,026.89
-4.96%
SOL
83.35
-5.45%