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A comment on FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show. Parent comment

Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by nroets on Tuesday November 08, 2022 @11:48AM (#33521122)
Ftx is quite profitable: Good fee income with little marketing expense. So it has a large intangible value.

I assume most traders on ftx only put enough capital on the exchange to keep their positions open in the short term.

So the intangible value of ftx may well exceed the value of clients assets by a significant margin. Then ftx may well be able to issue new shares should it experience a liquidity crunch.

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Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by fredoliveira on Tuesday November 08, 2022 @12:10PM (#33521390)
> little marketing expense

Are you sure? I come bearing no data at all, but it seems everything I listen to or watch is sponsored by FTX. Didn't they also go huge during Superbowl? I would think FTX is one of the largest marketing spenders in crypto purely based on optics (which, again, may be completely off).

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