⚠️⚠️Big news⚠️⚠️
🚨🚨The market is really going to collapse🚨🚨
FTX's restructuring plan is about to start voting. Some creditors hope to be compensated with cryptocurrency. Why do they do this? Because everyone knows that FTX has misappropriated user funds, and its subsidiaries are heavily in debt. There is no circulating capital in the company at all, only SOL tokens that were mortgaged with FTT. When FTX announced bankruptcy, many people were worried that they would sell SOL to maintain liquidity. Even if FTX's liquidation has little impact on SOL, the law requires minimizing market fluctuations. The liquidation plan also has restrictions on sales volume🚫 and part of the SOL held by FTX is locked🔒 and cannot be sold before 25 years, so even if the hearing passes this plan, it will not cause too much volatility in the market.
This is also part of the reason why Brother Mao made 80 points of shorts today and took over ETH3390 this morning... Brothers and coin friends, just do it!
I am Brother Mao, a wave theory enthusiast, who analyzes real-time market strategies and opinions every day. #热门话题 #FTX #sol板块 #ETH🔥🔥🔥🔥 $ETH
