Panicky FTX Clients Withdrew $430 Million of Bitcoin in Few Days

The sense of dread that swept across clients of fallen crypto exchange FTX.com was so intense that they pulled out $430 million worth of Bitcoin in the space of just four days.

Sam Bankman-Fried’s platform had more than 20,000 Bitcoins going into Sunday, according to data from CryptoQuant. That fell to almost zero by Wednesday after fears about FTX.com’s financial health led customers to flee.

Holdings of Ether, the largest token after Bitcoin by market value, have plunged more than 75% on the exchange while stablecoin numbers are down almost 40%, according to CryptoQuant.

The saga began unfolding Sunday ...