Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.
if you turn off social media.. (quieten the noise of voices)
you will notice that in the real cryptospace of crypto currencies.
(coins have no voice) it was not a massive earthquake. it was just a shudder
if you add up all the user accounts of coinbase binance,bitfinex, and all other exchanges. estimates as 300m users
so. FTX shook just 0.4% of people
99.6% of people(including me and you) were unaffected and are just gawkers and gossipers
bitcoins market price pre drama seen a $17k price. so a $16k price is not a ground breaking cavity for people to fall to their death in.
its just a wave of normal tidal movement being at low tide.