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97K $BTC 🚀🚀

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Almost $7B in FTX repayments start in 2 days. All in $ and not assets in the hands of crypto degens. A honest perspective: - Yes this is good and will help a little. - No, this single event won't make the entire market turn around and go up-only from here. Not all of those funds will return to the market. However, a good portion will (degens will always stay degens). A few billion isn't enough to go to Valhalla but again it will be a liquidity injection boost nonetheless (especially because there's another $10B to be credited later on as well). A full on positive reversal in the market and another leg-up is still on the table. It just won't solely come from FTX repayments as a contributing factor. But again, it helps.

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