February 26, 2025
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Table Of Contents:
Question? Will the FTX crisis shake the market?
The presentation was done on April 2021, when we were starting to consider crypto. Prepared the team to expect this.
It’s important to do your own due diligence and not follow news.
Institutions tend to change mind, so news aren’t reliable.
Market shaken on Tuesday/Wednesday that is 8th & 9th, prices go down significantly leading to a lot of selling
Price volatility — FTX Crisis
As they sold over 12m BTC worth a whooping 69.728 Billion dollars, someone bought. This is the charts of volume in Binance for the last 90 days.
90 days, biggest volumes was on 9th Nov 2022.
Big question? Who can afford 69 Billion dollars in a day or within span on 2 to 3 days. This is just on one exchange. That is like 3 times Nairobi Security Exchange.
At the same time the dollar index was getting weaker, as it crossed SMA100 Daily, Red line meaning a lot of dollar is in the market
Only institutional investors could pull such a move.
From my coaching tutorial: Forex 103.
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