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FTX Balances Tumbled 87% in 5 Days in Epic Crypto Deposit Run, Data Shows

A glance at data from Arkham Intelligence shows the behind-the-scenes operational reality that drove billionaire Sam Bankman-Fried's beleaguered FTX exchange to order a withdrawal halt this week.

Updated Nov 11, 2022, 6:35 p.m. Published Nov 10, 2022, 4:46 p.m.
Investors rush to withdraw their savings during a stock market crash, circa 1929. (Hulton Archive/Getty Images)
Investors rush to withdraw their savings during a stock market crash, circa 1929. (Hulton Archive/Getty Images)