logo
Rewards Hub

FTX Hacker & Grayscale BTC FUD

november-21-daily-update

Main Takeaway: Crypto FUDing On FTX Hacker Sales & Grayscale BTC Discount

The two news stories hammering the markets this Sunday night US time, and Monday morning Asia time is a current activity from the FTX “hacker” whale that’s mass-selling ETH and the drama surrounding the Grayscale Bitcoin Trust. The FTX hacker is still one of the largest ETH holders, holding over 200,000 ETH worth over $200 million. The individual is selling the ETH, causing the asset to be down over 8%. The main takeaway is investors and traders should keep an eye on how the FTX scenario unfolds over the coming days and weeks and if other actors will go down with it.


For any inquiries contact us at support@phemex.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
Sign Up and Claim 15000 USDT
Disclaimer
This content provided on this page is for informational purposes only and does not constitute investment advice, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. For further information, please refer to our Terms of Use and Risk Disclosure

Related articles

The Five Q2 2026 Catalysts Every Crypto Trader Should Have on Their Radar

The Five Q2 2026 Catalysts Every Crypto Trader Should Have on Their Radar

Market Insights
2026-03-29
10-15m
How Weekend Crypto Trading Works and Why Prices Move Differently on Saturdays

How Weekend Crypto Trading Works and Why Prices Move Differently on Saturdays

Market Insights
2026-03-29
10-15m
What In-Kind ETF Creation and Redemption Means and Why It Makes Crypto ETFs Cheaper

What In-Kind ETF Creation and Redemption Means and Why It Makes Crypto ETFs Cheaper

Market Insights
2026-03-29
10-15m
How Dollar Cost Averaging During Extreme Fear Has Performed Over the Last Five Years

How Dollar Cost Averaging During Extreme Fear Has Performed Over the Last Five Years

Market Insights
2026-03-29
10-15m
The Q1 2026 Crypto Report Card and Which Tokens Outperformed Bitcoin

The Q1 2026 Crypto Report Card and Which Tokens Outperformed Bitcoin

Market Insights
2026-03-29
10-15m
Why Bitcoin Dropped from $72K to $66K After the Biggest ETF Ruling in History

Why Bitcoin Dropped from $72K to $66K After the Biggest ETF Ruling in History

Market Insights
2026-03-29
10-15m