For those that missed the news yesterday regarding $2.9b in Bitcoin selling pressure that was suppose to hit the markets this month đ
The deadline to repay creditors has effectively moved back by an entire year (October 2025).
This effectively means a lot of short term selling pressure won't happen anymore.
At the same time FTX repayments with a total value of between $14 billion to $17 billion will also be distributed to investors this quarter.
Not in crypto but in FIAT.
As all of these people are crypto investors it basically means there's a huge liquidity injection to come into the market while the suppose to happen selling pressure from Mt.Gox dissapeared.
What do they say again?
1 + 1 = 2?
