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FTX (cryptocurrency exchange) - Footnote 14

partial85% confidence

1 evidence check

Last checked: 4/3/2026

The source does not mention the exact amount of withdrawal requests being $6 billion. It only mentions that the selloff was akin to a bank run, placing immense pressure on FTX to meet the sudden demand for customer withdrawals. The source does not explicitly state that the acquisition agreement with Binance was non-binding.

Evidence — 1 source, 1 check

partial85%Haiku 4.5 · 4/3/2026
Found: The announcement triggered a classic bank run: approximately \$6 billion in withdrawal requests flooded FTX within days, overwhelming its liquidity. FTX halted customer withdrawals on November 8, the

Note: The source does not mention the exact amount of withdrawal requests being $6 billion. It only mentions that the selloff was akin to a bank run, placing immense pressure on FTX to meet the sudden demand for customer withdrawals. The source does not explicitly state that the acquisition agreement with Binance was non-binding.

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Record type: citation

Record ID: page:ftx:fn14

Source Check: FTX (cryptocurrency exchange) - Footnote 14 | Longterm Wiki