FTX Repayment Set to Boost Crypto Markets with Major Liquidity Injection

The highly anticipated repayment plan from FTX’s bankruptcy estate is set to inject a significant amount of liquidity into the crypto market. Approximately $5 billion in stablecoins will be distributed to creditors, estimated to represent around 2% of the total stablecoin market. Analysts predict that a substantial portion of this money will flow back into major cryptocurrencies such as Bitcoin and Ethereum. This expected increase in liquidity comes at a time when both the macroeconomic environment and cryptocurrency prices are showing signs of bullishness.