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FTX Repayments Worth $16B to Begin Tomorrow—Will This Flow into Bitcoin and Altcoins? Coinpedia 18 Feb 2025

FTX Repayments Worth $16B to Begin Tomorrow—Will This Flow into Bitcoin and Altcoins? 💸

In the wake of the 2022 collapse of the FTX exchange, creditors are anticipated to be reimbursed $16 billion, with repayments beginning imminently. This substantial amount poses the question of whether these funds will flow into Bitcoin and altcoins, potentially impacting market dynamics.

The collapse of FTX, along with the Terra ecosystem, initiated a significant downturn in the cryptocurrency market, resulting in massive financial losses. Despite this, there's a sense of optimism as investors prepare to reclaim their lost funds, marking a potential turning point for the crypto community.

Source: coinpedia.org ↗

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