FTX RELEASES $900M REPAYMENT – $10B TOTAL RETURNED 🔥
FTX Recovery Trust confirms the fifth distribution of $900M starting July 31, bringing total repayments to nearly $10B. Creditors with approved claims receive 103-120% of their initial value, but note: all calculations are based on November 2022 prices when BTC was around $16K.
This means creditors recovered face value but missed the subsequent 300%+ rally. The unlock event may introduce selling pressure from those cashing out. How do you see capital flows shifting after this distribution?
Not financial advice. Always manage your risk.
#FTT #CryptoRepayment #FTX #Distribution
🔥
FTX Recovery Trust confirms the fifth distribution of $900M starting July 31, bringing total repayments to nearly $10B. Creditors with approved claims receive 103-120% of their initial value, but note: all calculations are based on November 2022 prices when BTC was around $16K.
This means creditors recovered face value but missed the subsequent 300%+ rally. The unlock event may introduce selling pressure from those cashing out. How do you see capital flows shifting after this distribution?
Not financial advice. Always manage your risk.
#FTT #CryptoRepayment #FTX #Distribution
🔥