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creditorreimbursement
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$FTT CREDITORS GET 120% AS FTX RECOVERY RELEASES $9 BILLION JULY 31 ๐
Over $9 billion in fresh liquidity enters the market starting July 31 โ the fifth FTX creditor distribution. Small claimants under $50k receive 120% of their claim, while others get 103-105%. That's a net positive for those who held through bankruptcy.
This rounds out total reimbursements to roughly $10 billion since November 2022. The sheer size of this distribution creates a massive liquidity event that could either absorb sell pressure or fuel a rally depending on creditor behavior.
Are you positioned for the July 31 wave or staying on the sidelines?
Not financial advice. Always manage your risk.
#FTT #CreditorReimbursement #CryptoNews #LiquidityEvent
๐ฅ
Over $9 billion in fresh liquidity enters the market starting July 31 โ the fifth FTX creditor distribution. Small claimants under $50k receive 120% of their claim, while others get 103-105%. That's a net positive for those who held through bankruptcy.
This rounds out total reimbursements to roughly $10 billion since November 2022. The sheer size of this distribution creates a massive liquidity event that could either absorb sell pressure or fuel a rally depending on creditor behavior.
Are you positioned for the July 31 wave or staying on the sidelines?
Not financial advice. Always manage your risk.
#FTT #CreditorReimbursement #CryptoNews #LiquidityEvent
๐ฅ
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