A wallet linked to the suspected FTX hacker swapped ~$49M of stablecoins for ether, taking its haul to 228,523 ETH and becoming the 35th largest ETH holder (Sidhartha Shukla/Bloomberg)

Sunil Jagtiani / Bloomberg:
Crypto prices sink, with bitcoin dropping ~4% and ether ~7%, dragged down by the ongoing FTX saga, potential contagion, and the FTX hacker offloading ether  —  Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried’s once powerful FTX empire.

Bloomberg:
CryptoQuant: users removed net $3.7B in bitcoin, $2.5B in ether, and $2B+ in stablecoins from exchanges between November 6 and November 13, as FTX collapsed  —  The spectacular collapse of 30-year-old Sam Bankman-Fried’s crypto empire has fueled a spike in outflows across global crypto exchanges.

Andrew Rummer / The Block:
FTX’s Sam Bankman-Fried insists the exchange is “fine” after Binance begins selling FTX’s FTT; a recently leaked Alameda balance sheet showed $8B in liabilities  —  – FTX CEO Sam Bankman-Fried insisted his crypto exchange is “fine” after rival Binance announced it would start selling its holdings of FTX’s FTT token.

Sidhartha Shukla / Bloomberg:
After Ethereum’s Merge, a look at four more upgrades to the network that are under active development, called The Surge, The Verge, The Purge, and The Splurge  —  After much celebration over the successful transition of Ethereum, the question remains what’s next for the most commercially-significant crypto project.

CNBC:
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  – Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”