FTT Token Surges 21.8% Amid Major Transfers and FTX Creditor Portal Reopening on Binance

FTTUSDT has experienced significant price volatility in the past 24 hours, with the price rising 21.80% from an open of 0.9277 to 1.1299 USDT on Binance. This sharp increase is likely attributed to recent large-scale transfers involving Alameda Research-linked addresses and Mirana Ventures, as well as renewed attention following the reopening of FTX’s creditor claims portal on July 3, 2025. These developments have heightened market activity and speculation regarding the token’s future, despite FTT’s lack of utility after the FTX bankruptcy.

Currently, FTTUSDT is trading at 1.1299 USDT with a notable surge in trading volume and market capitalization. The token has shown strong upward momentum over the past week and month, although it remains significantly below its historical highs. Market participants are closely monitoring technical levels and news related to FTX’s ongoing bankruptcy proceedings, which continue to influence FTT’s price dynamics.