Over $2B in "lost" Bitcoin to hit markets this month creating sell pressure within fragile $67k–$74k range

FTX's fourth round of distributing bankruptcy recoveries arrives at a different moment. The estate will begin sending roughly $2.2 billion to eligible creditors on Mar. 31, just as Bitcoin (BTC) pushed back above $70,000 into what Glassnode called a thin $72,000-$82,000 on-chain zone. FTX announced on Mar. 18 that its fourth distribution will begin Mar. […] The post Over $2B in “lost” Bitcoin to hit markets this month creating sell pressure within fragile $67k–$74k range appeared first on CryptoSlate.