Could you please elaborate on the quantity of FTT tokens that were held by FTX? It's intriguing to know the extent of their holdings, considering the significance of FTT in the cryptocurrency ecosystem. Did FTX possess a substantial amount of FTT, perhaps making it a significant stakeholder in its own ecosystem? Or was the quantity relatively modest, indicating a more diversified approach? Understanding this detail could provide valuable insights into the financial standing and strategic positioning of FTX.
7 answers
Martina
Fri Jun 14 2024
This concentration of power underscores the influence FTX wielded over the FTT token economy.
PulseRider
Fri Jun 14 2024
FTX, a leading cryptocurrency exchange, exercised significant control over the FTT tokens.
Giulia
Fri Jun 14 2024
The exchange's holdings allowed it to exert significant influence on the token's price and trading activity.
CryptoChieftain
Fri Jun 14 2024
With approximately 280 million FTT tokens in its possession, FTX held a substantial portion of the total supply.
CryptoQueen
Fri Jun 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services.