Crypto Markets Brace For $5 Billion FTX Liquidity Shock: Expert

In a video published on Wednesday, crypto analyst and trader Miles Deutscher devoted a lengthy segment to the long-anticipated distribution of FTX bankruptcy proceeds, arguing that tomorrow’s release of roughly $5 billion in stablecoins could become a pivotal liquidity shock for digital-asset markets. $5 Billion Liquidity Hits Crypto Tomorrow Deutscher reminded viewers that the cash component of the FTX estate—“around 5 billion in stablecoins,” as he put it—enters creditors’ accounts on May 30, the first wave of repayments since the exchange collapsed in 2022. “May 30th might be one of the most important days this cycle,” he said. “FTX is distributing over 5 billion in stablecoins to creditors this week source: https://www.newsbtc.com/news/crypto-market-5-billion-ftx-liquidity-shock/