Post
Topic
Board Altcoin Discussion
Re: FTX payout finally happening
by
passwordnow
on 24/02/2025, 01:27:27 UTC
They deserve it, the people that have been affected by that for years I guess deserves to take their paycheck. I am sure that these people will be wiser and will not keep any bigger fund to these centralized exchanges anymore. It only means to them another problem if they do so and that's why it's best for them to simply take their funds out of them whenever they're done trading.

We should give it a few weeks. Bear in mind that not everyone have received their money back. For instance, there are plenty jurisdictions that are not allowed to get their FTX payments for now including most parts of Africa amd other places as well. So I believe the distributed value is already too tiny to quantify right now.
Together with these people probably dumping their payouts, the hack from Bybit had added to the pressure. But it seems Bitcoin is stronger and sticking around to $95k-$96k which is a very good sign that we're seeing from it. If, the selling pressure right now isn't that much because mostly have took their shares already, maybe we can conclude that's a good sign.