Time to just wait, until we have clear reversal signals. | EL-SHADDAI on Binance Square

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Time to just wait, until we have clear reversal signals. 

Alfa-Beta-user777

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in my opinion everything is still down. The unknown is ETH or 3000 or pump. BTC towards 80000. Altcoins all down, the unknown is ADA.

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FTX’s $16 Billion Payday: Are You Ready to Cash In? It’s official: the FTX saga that shook the crypto world in 2022 is entering its final act. Starting January 2025, nearly $16 billion will begin flowing back to creditors and customers. It’s a recovery effort of epic proportions, but the devil, as always, is in the details. Here’s What You Need to Know (and Do): First, mark your calendar. FTX plans to finalize agreements with distribution agents this month, with the official timeline announced by the end of December. Once the clock starts, the first payouts are set to roll out within 60 days. Second, get your house in order. To claim your piece of the pie, you’ll need to set up an approved account with a distribution agent, pass KYC checks, and submit the necessary tax forms before the distribution record date. Miss a step? You might end up watching from the sidelines. The court isn’t messing around, either. Judge John Dorsey’s approval of the Chapter 11 plan ensures that customers take priority over everyone else, including Uncle Sam. With $16.5 billion in recovered assets, this is as close to a win as it gets in the murky world of crypto insolvencies. But how did we get here? FTX’s recovery team didn’t just sit around. They clawed back billions, including $12 billion in cash reserves and stablecoins, and liquidated investments in tech companies. It’s a financial cleanup that could rival any Wall Street drama. What This Means for You This isn’t just about getting a refund; it’s a moment of reckoning for crypto’s trust deficit. The FTX collapse taught us all hard lessons—about risk, transparency, and the value of due diligence. For those awaiting their payout, it’s a bittersweet chapter: money recovered, but at what cost? As always, knowledge is profit. Follow my lead copy trading account and let’s make the next chapter one of growth, not regret. Click here to copy my trades and 🚀💰. Cheers! #cryptonews #TradeSmart

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read the post I wrote on this topic: https://app.binance.com/uni-qr/cpos/17896063527834?r=735706986&l=en&uco=sAh7TBTqYCFxgpkie0SQzw&uc=app_square_share_link&us=copylink

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I suggest you follow me and

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Your margin was way too high. I would have closed.

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Short answer: NO

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