FTX Repayments Begin: What It Means for Bitcoin and Ethereum Holders

Quick Summary:

Ethereum holders will receive $2,500 per ETH, while Bitcoin claims are capped at $20,000, both based on November 2022 prices.

Meanwhile, Ethereum’s current price of $2,698 shows a smaller difference, easing the blow for ETH holders.

On the other hand, Ethereum holders face a milder impact since the price difference is minimal.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United StatesBahamas

Topics: Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 15:30:21 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26088320

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Official Website: coinpedia.org

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News Last Updated: 9 hours ago

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