Massive buying pressure is coming in October.
I’ve discovered where the money is headed
The FTX bankruptcy estate has recently released its final Disclosure Statement, outlining estimated compensation amounts, key dates, and the recovery plan.
I decided to dive deeper and answer the key questions
Why is that even important?
Who will be receiving compensation, and what are the amounts?
What is the distribution mechanism, and when will the compensation be issued?
What potential market impact should we anticipate?
The recovery plan isn’t about refunds in $BTC or $ETH, it’s about returning $16 Billion in stables specifically to dedicated crypto investors.
Naturally, a significant portion of this money will flow back into the crypto market, acting as a major catalyst for growth in Q4.
#FTX #Distribute #Billion #StablecoinsEverything #Depin #Daily #Coinmonks #Sep