FTXโs $5B Distribution: A New Chapter for Crypto on Binance! ๐
Hello, crypto community! ๐ On May 30, 2025, FTX kicked off its second round of distributions, releasing over $5 billion to creditors via BitGo and Kraken. This milestone, part of a $14.7B-$16.5B recovery plan, could boost market liquidity as funds potentially flow back into crypto. With 98% of creditors expected to receive 118% of their claims, itโs a positive step for the industry! What do you think this means for the market? Share your thoughts below ๐
#MarketPullback #FTXRefunds #BinanceSquareFamily #Write2Earn
Not financial advice. DYOR!