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Onchain Research shows that FTX’s falling BTC, ETH and Stablecoin balances ‘Suggest cracks had formed as far back as June’

 

Nansen, an analytics firm, published a report that pointed to Terra’s collapse igniting Alameda Research and FTX’s financial problems. However, onchain data from Glassnode, an intelligence and research firm Glassnode, suggests that FTX’s cracks have formed as far back May-June. Glassnode’s report highlights a growing pool of [onchain] information that shows FTX’s financial problems.

 

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