FTX Collapse: Traders flee crypto markets after the debacle
Updated: 21 Nov 2022, 06:26 PM IST
TL;DR.The wild-west days of crypto markets are back again as the large trading houses that once thrived on arbitraging price gaps pull back in the wake of FTX’s collapse. That’s opening up profitable opportunities for anyone that still dares to trade.
Prices for essentially identical assets on various platforms are diverging in a clear sign the dominoes are still falling across the crypto trading world.