$FTT PRICE FLOOR SHATTERED BY EXCHANGE WHALES 🚨
Binance founder CZ disclosed that the attempted FTX acquisition was never serious, and that the $2Z FTT buy‑back proposal by Alameda’s former CEO exposed the token’s floor, prompting a massive short cascade. Within 72 hours $6 bn fled FTX, underscoring the fragility of exchange‑linked tokens.
Monitor the $FTT order flow on top‑tier exchange. Identify whale sell walls and execute short entries. Keep stop levels tight and adjust as liquidity drains. Ride the momentum while the market digests the exposed floor. Scale out on strength, stay alert for reversal spikes. Preserve capital, stay disciplined.
CZ’s confession reveals that exchange executives can weaponize token pricing, turning a nominal buy‑back into a death‑knell for the asset. Whales will likely amplify the sell pressure, but any sudden regulatory chatter could trigger a short squeeze—watch for that pivot.
Not financial advice. Manage your risk.
#Crypto #FTT #Binance #WhaleWatch #DeFi 🚀
