🐳 FTT increased sharply by 30% after 2 Hours from the news "Almost FTX creditors will receive 118% of their money back in cash, real estate said in the new plan" and had an increase of 42%. Within 24 hours, hold the top 1 position in price increase.

👉 The plan proposed by FTX is awaiting court approval after 60 days of operation. The documents were sent last night.

👉 100% of the compensation amount + interest rate up to 9% for the time value of the investment amount is under review, the Delaware Court will oversee the bankruptcy case for approval.

👉 The amount of $14.5-16.3 billion is the amount of cash FTX has and efforts to liquidate owned assets in the past year and a half.

🔹This is the main related news, leading to FTT's sharp price increase. Just sending documents to propose a plan to increase by 40%, how much will FTT increase to the peak when officially approved? According to my speculation, whether approved or not, in the next 60 days FTT will keep the price stable and extremely good. Then react according to the direction of the incident.

If you don't mind Short, please. That's the tank