FTX Token (FTT) Price Crashes 16% as Massive Selling Follows Repayment Plan

FTX Token (FTT) price has faced a sharp downturn, losing 16% of its value in just 12 hours. This comes after a 92% rally over the past few days, fueled by optimism surrounding FTX’s asset compensation plan. Investors initially reacted positively, but sentiment quickly shifted.  The Delaware District Bankruptcy Court’s approval of FTX’s plan prompted many to lock in profits, putting... source: https://beincrypto.com/ftx-token-ftt-price-crashes-after-massive-selling/