lol all this caused by coindesk, started as some bullsht clickbait article - hi slow news day so lets see...we think alameda is holding lots ftt tokens...just saying. --> market total panic: oh sht! fuk!! if ftt price drops then alameda is fked with margin calls, and yeah ftx is the lender to alameda so its' fked too, just pulling all this predictions out of my ass --> panic panic, sell ftt and cause price drop to self fulfill its prediction --> binance: haha let me pour some gas on fire, we will sell all ftt too -> PANIC PANIC, ftt price crashes --> FTX/alameda: wtf just happened, oh you fking idiots just created a run out of thin air...fk now we are really in trouble.... fuckkkkk
that's pretty much the summary, gotta love crypto.