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Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.

By Omkar Godbole

Updated Nov 7, 2022, 7:07 p.m. Published Nov 7, 2022, 6:43 a.m.

Binance's entry into the FTT-Alameda saga has traders scurrying to take short bets in FTT futures market. (coinglass.com)