📈 FTX bankruptcy proceedings may inject funds into the crypto market! 💰

According to Forbes, FTX's bankruptcy proceedings may bring positive signals to the market in the fourth quarter. It is expected that up to $16 billion will be injected into the market, and the creditor distribution plan will be launched in early October. Although rumors of immediate payment on October 1 are still speculation, the latest press release confirms that the final voting results will be announced before the hearing on October 7, 2024. 🗳️

It is exciting that more than 95% of creditors initially support FTX's revised reorganization plan, which aims to repay bankruptcy claims in full. This means that although the market has experienced volatility, the upcoming inflow of funds may bring new upward momentum to major crypto assets such as Bitcoin. 🚀

However, investors need to be cautious, and the liquidity and market reaction of these funds are still unknown. The rise and fall of FTX provides us with a profound lesson, reminding us to pay attention to the reality that risks and opportunities coexist when investing.

Let us pay attention to the upcoming changes and see if these funds can bring a new round of vitality to the market! 💪✨ #加密市场反弹 #美联储11月降息预期升温 #ORN #Santos #FTT $1MBABYDOGE $XRP $ARK