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FTX collapsed, $BTC bottomed, then ran +715% to the peak.
Now, Binance got hit by the biggest crypto hack ever. Is this another max fear moment?
FTX’S OLD BITCOIN-MINING INFRASTRUCTURE FINDS A NEW ROLE AMID SURGING AI DEMAND — WSJ
FTX & Alameda are unstaking $SOL ...
According to Onchain Lens, FTX/Alameda has transferred some 202,710 @Solana tokens from its staking wallet.
The funds are worth some $20.62M - Could this be the start of a Solana dumping spree from the failed exchange?!
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FTX pays out again on July 31
About $900M in the fifth distribution. Dotcom customers take an incremental 9%, US customers 5%, general unsecured and digital asset loan claims 3% each. Convenience claims reach 120% cumulatively.
Dotcom and US customers now cross 105% cumulative. More than whole, on paper.
Paper is the catch. Claims are struck in November 2022 dollars, when bitcoin:native sat near $16,000. It's around $64K today.
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*FTX CO-FOUNDER BANKMAN-FRIED FORMALLY APPLIES FOR TRUMP PARDON: BBG
BREAKING: FTX’s Anthropic stake sold for $1.34 billion in 2024 would be worth over $30 billion at IPO
🚨 FTX MARKED THE 2022 BITCOIN BOTTOM.
BINANCE IS SETTING UP THE SAME SCENARIO IN 2026.
DIFFERENT CRISIS. SAME MARKET PSYCHOLOGY.
MAXIMUM FEAR. MAXIMUM OPPORTUNITY.
THE 2022 PANIC MARKED THE START OF A MASSIVE RECOVERY.
I’M CALLING THE SAME PLAYBOOK AGAIN.
BUY THE PANIC. NOT THE EUPHORIA.
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The FTX forces bankruptcy marked bottom, the Binance fake hack will mark bottom. ☝️
The FTX exchange crash marked the bottom for Bitcoin in the 2022 bear market.
The Binance hack will mark the bottom for BTC in the 2026 bear market.
Position accordingly.
Ex-FTX boss finds Sam Bankman-Fried 'love story' series on Netflix laughable: 'No f-ing way'
