## $16B May Flow Into Crypto in Q3 😱

**FTX Cash Distribution Alert**

A staggering $16 billion might pour into the cryptocurrency market in Q3, largely due to the #FTX cash distribution. However, this influx won't be in BTC, ETH, SOL, or any other crypto. Instead, returns will be distributed in stablecoins based on November 2022 prices.

Imagine holding 1 BTC valued at $16k then—you'll get $16k, not the current $56k. Here are two key dates to watch:

- **August 16, 2024:** Deadline for voting on FTX bankruptcy

- **October 7, 2024:** Potential approval of FTX bankruptcy plan

### Market Impact

The expected returns at the end of Q3, coupled with the global focus on the US election, could spark a bull market. Historical inflows have shown significant price surges:

**$BTC:**

- *January 8:* $210M inflow, +5% in a day

- *February 26 - March 4:* $1.139B inflow, +32%

**$ETH:**

- *November 9, 2023:* $100M inflow, +10%

- *April 8:* $217M inflow, +8%

**$SOL:**

- *March 11 - March 21:* $634M inflow, +25%

### Potential Heights

Given these historical trends, the anticipated $16B inflow could push crypto prices significantly higher. Stay informed, stay prepared, and watch how these factors unfold.

#FTX #CryptoInflows #BullMarket #BTC #ETH #SOL #CryptoTrends #BinanceReferralProgram #LayerZero #CPIAlert #Write2Earn