Zhu Su: The $16 billion allocated to FTX creditors returning to the market is also a significant increase in funds
Bitget2024/09/29 12:36
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Zhu Su, co-founder of Three Arrows Capital, commented on "FTX is expected to distribute $16 billion to creditors in Q4". Even if these funds cannot fully return to the crypto market, it's still a large number and may imply a boost for the market trend.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$76,828.16
-1.92%
Ethereum
ETH
$2,445.9
-1.14%
Tether USDt
USDT
$0.9996
-0.00%
BNB
BNB
$711.73
-1.62%
XRP
XRP
$1.34
-3.56%
USDC
USDC
$1
+0.03%
Solana
SOL
$99.25
-2.48%
TRON
TRX
$0.3404
+0.27%
Hyperliquid
HYPE
$78.59
-6.48%
Zcash
ZEC
$1,070.46
-13.74%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now