SBF: FTX Currently Has a Total Market Value of Assets/Collateral Higher than Client Deposits

FTX founder SBF tweeted that FTX International currently has a total market value of assets/collateral higher than client deposits (moves with prices). But that's different from liquidity for delivery--as you can tell from the state of withdrawals. The liquidity varies widely, from very to very little.

SBF said they are currently spending the week doing everything they can to raise liquidity. FTX is in negotiations with many participants, including LOIs, term lists, etc.

In addition, Alameda Research is winding down trading. In any scenario in which FTX continues operating, its first priority will be radical transparency.