Thread by @ScopeProtocol

🧵What happens with FTX?
The ongoing #FTX & #binance drama draws the attention of the whole market.
0xScope gives you a real-time monitor of what is happening with @FTX_Official based on the most powerful Ethereum on-chain tracking ability.

Hold tight, you are gonna like it👇:

Before we start, we have created entities of related parties, you can use the ID to see the dashboard or you can set custom alerts on @0xWatchers:

Alameda Research#RE5UBiNg (627 addresses)
Binance Exchange#xLrHRwpe (74 addresses)
FTX#5ZDQkT62(3 addresses)

#TrustIn0xScope

First of all, @FTX_Official is experiencing a panic withdrawal period. The balance of USDT/USDC drops 95%📉 in 7 days and ETH drops 50%.
On the other hand, parties like Alameda keep filling holes for FTX. For now, the stablecoin share keeps around 0.2%.

For the past 7 days, massive capital(around 600M) left @FTX_Official. That's not a good sign.

If you are currently eager to withdraw from FTX, try those altcoins as they still have more than $30M in value.
Such as:
$PAXG
$BOBA
$BIT
$SRM
$LINK

Another potential problem is that most of the current FTX assets are in $FTT.
Right now, FTX holds about $2.2B on Ethereum, and $1.1B (about 😬50%) is in $FTT!

Let's see the status of $FTT.
Based on our stats, in 7 days, the $FTT balance of FTX increase massively ($600M in value) while the ETH balance drops about 50%.
People are withdrawing ultra-sound money from FTX and depositing FTT to FTX.

But what about @binance, as the starter of this drama, is Binance benefiting from it?
The answer is yes, there are $1.3B transferred from FTX to Binance for the past 7 days (16.40% in total Binance inflow) and 390M for today (43.16%).

At last, here is an entity of FTX "Knight", they have been adding funds especially stablecoins to FTX.
Funds are from exchanges like @kucoincom or @binance.
Check the entity dashboard to track where the funds at.
ID: FTX Knights#rZ49e6RL

Also, here is an Overview chart of today's FTX capital inflow, @okx & @bitfinex & @gate_io are on the list too.
The form:
Source -> Deposit Address -> FTX

See all the table data here:
docs.google.com/spreadsheets/d…