Galaxy Digital also have over 70 million dollars tied to FTX Exchange, they are now withdrawing 47m $ and already at a loss of 68m $, I think we will keep seeing some more dips.
I can't say that this is something planned to make a crypto price dump. But games like this are highly structured, so crypto prices will dump simultaneously. Of course, the withdrawal of assets in each exchange with a large amount will make the coin price drop even more.
The FTX exchange is having problems with the withdrawal of some assets from this exchange. If they cannot maintain this condition, of course they will go bankrupt, and make stockholders have to close their exchanges.