The market for FTT, the native cryptocurrency of the now-bankrupt FTX exchange, appears to have found an equilibrium after the recent bullish price action. However, the market’s ability to absorb large offers at stable prices remains weak, indicating scope for a sudden reversal of recent price gains.
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- Source: https://www.coindesk.com/markets/2023/01/23/ftt-order-flow-fairly-balanced-after-150-rally-but-liquidity-remains-thin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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