- Santiment revealed in an X post that FTT rallied again over the past 24 hours.
- According to the post, the Binance settlement news was the main catalyst behind FTT’s strong movement.
- At press time, FTT was changing hands at $4.28 after an 18% 24-hour gain.
Santiment, the blockchain intelligence platform, revealed in an X post today that the native token for the collapsed FTX exchange, FTX Token (FTT), underwent another rally over the past 24 hours. In the post, Santiment listed the recent Binance news as the main catalyst for the altcoin’s strong move.
Those who took a chance on $FTT continue to be rewarded, with a second rally for #FTX's native token coming after yesterday's #Binance news. Its price appears to have been boosted by the 10 largest wallets accumulating $12.8M worth of coins in 19 days. https://t.co/V3QNq91asF pic.twitter.com/DL5pkVfW96— Santiment (@santimentfeed) November 23, 2023
FTT’s price seems to have received a boost from a group of whales, who collectively scooped up $12.8 million worth of the cryptocurrency in the past 19 days, according to the post. This amounts to 2.91 million FTT tokens at current prices. Furthermore, th…
The post FTX Token Rallies Again, Outperforms BTC by 255% In 3 Weeks appeared first on Coin Edition.