FTX Token
Long

FTX WILL REFUND IT CUSTOMERS.

16
FTX will be refunding around 16 BILLION USD (in stables) back to its customers from tomorrow on which is overall a very good thing, why? because it is capital that could ENTER the market as customers receive it back in stables so their is no way that that money/liquidity can leave the market.

As this will happen it could cause a pump in FTX's token FTT.

FTT is ranging here at resistance trying to breakout and once a breakout comes it could pump a solid 60-150% (i would trade this in spot, not with leverage)

Be aware of your own risk management but it looks like a solid set up as this refund is a bullish thing.

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