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<ul><li>FTX converted all assets into ETH, worth $300 million.</li><li>The $600 million FTX hacker has been selling stolen assets and acquiring ETH.</li></ul><h2 id="header-0">All assets owned by FTX have been converted into ETH, which is now worth $300 million. An enormous selling pressure could result from any significant dump to cash out.</h2><p>The crypto market is still bearing the wounds from last week&#39;s <strong><a href="https://www.coingabbar.com/en/crypto-currency-news/ftx-hacker-stacks-eth-whale-holding-falls" rel="noopener noreferrer nofollow">FTX</a></strong> meltdown.</p>

FTX hacker stacks ETH, whale holding falls

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