FTX: Withdrawal delays are due to replenishing the hot wallet

ChainCatcher message, FTX replied in a related tweet that FTX is currently operating normally, and the slow withdrawals are due to FTX replenishing its hot wallet, but it has been handling it all along. In response, Adam Cochran, a partner at the crypto investment firm Cinneamhain Ventures, shared data on Twitter and stated that FTX's replenishment of hot wallet funds mostly comes from other exchanges and funding wallets like Circle, rather than cold wallets. He believes that exchanges should publish a list of their hot and cold wallets, allowing users to check if they have sufficient reserves, thus indicating better transparency. (source link)