News like this reminds me of the possibilities in the cryptocurrency space. Who can imagine that a project with a networth of $3 billion few months ago would be bought for $25 million now. I doubt something of this nature happens in any other industry. Let's see if it would end up being the case or there are some other information that is undisclosed and has contributed to this development.
If we buy coins with a 95% discount on the bear market, then large capital makes similar purchases, buying projects for only 5% of the cost. In both cases, one goal is pursued, making a profit on the bull market. It remains obvious that FTX has more accurate information about the prospects for the revival of BlockFi, otherwise this transaction would not have taken place.