There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...).
Therefore:
๐ FTX returns cash => there is no selling pressure on any coin.
๐ Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc.
