Information and prediction! The captain was rumored to acquire FTX with an insider of another exchange, and the bankruptcy liquidation was also a publicized procedure. He felt that there was hope, so he ambushed a small amount of funds in advance. The income came in time.
The FTX bankruptcy procedure is expected to inject a large amount of funds into the market in Q4, and the total distribution to creditors may be as high as US$16 billion
Comment: The total distribution may be as high as US$16 billion. The final voting results will be announced before the confirmation hearing on October 7, 2024. These payments will be made in US dollars, most of which are expected to flow back to the market. Bitcoin is expected to get the largest share, followed by public chains eth and sol#FTT $FTT