According to a new survey of FTX creditors, 79% plan to reinvest their payments in crypto. More than half of them plan to buy Solana, and the pieces even and the AI tokens are also popular.
However, a more in -depth examination of the survey methodology suggests a strong bias towards Solana lovers. While some participants may have a real interest in other assets, their preferences may not reflect the broader feeling of all FTX creditors.
FTX creditors are likely to reinvest the funds in the crypto
Since the collapse of the FTX in 2022, the residual benefits have left deep marks on cryptographic space. Earlier this month, liquidators announced that creditors would begin to be reimbursed on February 18. Although this caused a media threw bullish in advance, the hopes of the market sank when investors began acting in crimping.
However, a new investigation says that most of the FTX creditors will reinvest in crypto:
“79% of FTX creditors plan to reinvest their reimbursements in cryptocurrencies, with an average of 29% of their reimbursement funds allocated to this end. 62% intend to buy Solana. A third of the FTX creditors plan to allocate their reimbursements to the parts even, and 31% of creditors prioritize the cryptocurrencies linked to the AI, “say its results.
On the surface, this FTX survey seems very optimistic, especially for Solana. When the reimbursements started, the creditors of the exchange showed a strong propensity to guarantee their funds immediately.
However, if these results are correct, it would be a blow in the arm for several assets. Solana, in particular, has suffered a difficult month and could greatly benefit from fresh investors.
Unfortunately, however, this optimistic vision may not materialize. In its methodology, the FTX survey recognized that “there is a possibility of bias”.
Apparently, creditors were only eligible if at least 10% of their portfolio consisted of Solana or if they held $ 100 of soil for more than a year. In other words, it seems obvious that eligible participants would be interested in Solana.
Even if the FTX survey is biased in this regard, its data can always be useful in other respects. For example, the same parts had a difficult period in February, and the AI cryptography market does not seem much better.
If some of these Solana lovers pass their reimbursements on these tokens, it could be a life buoy. However, this is not a good barometer for the Large Pool of Creditors of the FTX.
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