!A bit of Truth & A bit of Satire!
Crypto is about to experience a significant influx of funds as $16.3 billion in refunds are set to be distributed to FTX creditors. This massive return of capital could have substantial implications for the market, particularly when you consider the potential impact of all the degens leverage trading.
With up to 100x leverage, this $16.3 billion could translate into $1.63 trillion in potential buying pressure. That’s a colossal amount of capital that could fuel a major market shift, driving prices and volumes across various assets.
For those watching the markets, this could be a game-changing moment. The influx of such a large amount of capital could lead to increased volatility, creating opportunities—and risks—for traders and investors alike.
So, buckle up! In the coming weeks, significant movements could be seen as this capital is reintroduced into the market. Stay informed, stay prepared, and keep an eye on how this unfolds. Show Less