FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation

FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation

N
News Editor
2026-07-02 23:09:41
FTX代币FTT在HTX交易所短线拉升27%,突破0.3美元后回落至0.263美元。市场传闻美国独立250周年或特赦250人,FTX创始人Sam Bankman-Fried(SBF)出狱可能性增加,推动FTT价格异动。
FTTSBFFTXshort squeezepardon speculationmarket volatility

According to BlockBeats, on July 2, the FTX token FTT experienced a short-term surge of 27% on the HTX exchange, briefly breaking above $0.3 before settling at $0.263.

FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation 2

FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation 3

The price spike is attributed to market speculation surrounding the upcoming 250th anniversary of U.S. Independence, which may include a presidential pardon for 250 federal prisoners. Among those rumored to be pardoned is FTX founder Sam Bankman-Fried (SBF), currently serving a prison sentence. The possibility of early release has reignited interest in FTT, which is closely tied to SBF's legal fate and the FTX bankruptcy estate.

FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation 4

As a native token of the defunct FTX exchange, FTT's price remains highly sensitive to SBF-related news and liquidation updates. Traders should be cautious of short-term volatility driven by speculative narratives.

FTT Soars 27% to Break $0.3, Triggered by SBF Pardon Speculation 5

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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