๐ง๐๐ ๐๐๐๐๐๐ฆ๐ง ๐๐จ๐๐๐๐ฆ๐ ๐๐๐ง๐๐๐ฌ๐ฆ๐ง ๐๐ข๐ฅ ๐๐ฅ๐ฌ๐ฃ๐ง๐ข ๐๐ก ๐ฎ๐ฌ๐ฎ๐ฐ-๐ฎ๐ฑ ๐จย
Everyone is talking about Trump's win, FED rate cuts, and FASB rule, but this one will have the biggest positive impact on crypto this cycle.
I'm talking about FTX distributing funds to its customers.
FTX will distribute over $๐ญ๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป in cash to its creditors (customers) by Q4 2024 to Q1 2025
As we know, most of the FTX asset claims were at the lows, but the USDC and USDT values are the same, and they'll be distributed at 1:1.
We're in a bull run, and most of the FTX creditors are crypto guys, which means that this $16B will enter the market again.ย
This will be the biggest liquidity injection and could pump BTC and alts to new highs.ย
Mt. Gox distribution and government selling are just noise as the big things are yet to come.
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