Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,223)
  • Analysis (1,419)
  • Bitcoin (1,995)
  • Blockchain (1,157)
  • DeFi (1,369)
  • Ethereum (1,372)
  • Event (51)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,414)
  • Reddit (647)
  • Regulation (1,316)
  • Security (1,891)
  • Thought Leadership (1)
  • Uncategorized (4)
  • Videos (40)
Hand picked
  • The largest crypto exchange in the world by exchanging the Binance volume adds support to the global connection linked to Trump Stablecoin
  • FIFA to build EVM Blockchain in partnership with Avalanche
  • FIFA joins Ava Labs to launch its NFT Blockchain on Avalanche
  • Pakistan creates the authority of digital assets to regulate cryptography
  • The centrifuge brings treasury bills to Solana DEFI
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Bitcoin»The fall of $ 5 billion FTX FTX is about to feed the new Bitcoin Ath: This is why
Bitcoin

The fall of $ 5 billion FTX FTX is about to feed the new Bitcoin Ath: This is why

May 16, 2025No Comments1 Min Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Screenshot 2025 05 16 at 11.56.10 scaled.png
Share
Facebook Twitter LinkedIn Pinterest Email


More than $ 5 billion will be distributed to the creditors of the FTX of the Crypto Exchange bankruptcy in the coming weeks, because the next wave of reimbursements should take place on May 30, according to the FTX Recovery Trust declaration published yesterday (May 15).

The distributions of May 30 to come are the second phase of the FTX bankruptcy recovery plan. With this next wave, four groups of creditors should be reimbursed, with distributions between 54% and 102% of the value of their FTX assets to the point that the exchange collapsed in November 2022.

Complaints from the FTX creditor

FTX customers:

Class 5: complaint> $ 50,000
5A: FTX International
5B: We

Class 7: Complaint <= $ 50K
7a: ftx intl
7b: we

Class 6: not-customies

Can find your class on your FTX voting form pic.twitter.com/ptz10q7q7q

– Sunil (champion of the creditor FTX) (@sunil_trades) May 16, 2025

Notes of the FTX Recovery Trust administrator on the scale of FTX reimbursements, says: “This is an unprecedented distribution process”

“These first distributions of non -convincing classes are an important step for the FTX,” said the administrator of the FTX Recovery Trust, John J. Ray III in the press release yesterday. “The scope and magnitude of the base of the FTX creditor make it an unprecedented distribution process.”

Under the recovery plan, class 5 members of creditors – a group that includes lenders and business partners from Alameda Research and other traders and sellers – will receive distributions between 54% and 72% of their complaints.

Another group of FTX victims with small non-guaranteed complaints can expect disbursements of 61%, while complaints involving inter-society interest will be paid to 120%.

Discover: 12 Best Crypto Parts AI to invest in 2025

Bitgo and Kraken work with the Recovery Trust and will send the funds directly to the exchange accounts of eligible creditors within one to three working days from May 30.

In total, more than $ 5 billion should be distributed on May 30. International complaints of more than $ 50,000 should receive 72% of their lost portfolio value, while $ 50,000 and more complaints in the United States will receive 54%.

Strangely, complaints on portfolios worth $ 50,000 should receive 120%, without any information provided why a creditor would receive more than the original value of his lost portfolio.

Bitcoin is currently negotiated at around $ 103,800 and is up 2% the day following the new FTX reimbursements at the end of the month.

$ 5 billion in fresh capital injected into cryptographic markets via FTX reimbursements could lead Bitcoin to a new summit of all time

(Coingecko)

Why are $ 5 billion in reimbursements optimistic for Bitcoin: a new summit of all time soon?

In simple terms, these FTX Trust reimbursements will lead to a huge injection of liquidity in cryptographic markets. The reimbursements of May 30 will see a distribution of significant capital to creditors.

These creditors are a mixture of retail and professional cryptography investors, and therefore, they are likely to reinvest these funds on the markets. After having already suffered once with the collapse of the FTX and the tumultuous journey to recover their funds, creditors can act more risks with the funds recovered, making bitcoin the most logical investment choice.

This capital of capital could increase the purchase pressure and increase the price of bitcoin, leading to the fed meetings of June, that many provide for rate reductions. If Powell indeed reduces interest rates in June, this would give participants in the market the green light to be paid again into risky assets.

Finally, the current feeling of the market before these reimbursements is incredibly high, especially compared to November 2022 when FTX initially crushed and BTC was at the bottom of the rocks, exchanging $ 16,000.

We are currently in the middle of the period from 12 to 16 months after a reduction of half of Bitcoin which has always been the best period for the action of BTC prices. This, associated with the next FOMC meetings and $ 5 billion in new capital flowing in Crypto, could launch the Bitcoin race at $ 150,000 and more in the coming months.

The payment of FTX creditors of $ 5 billion and Bitcoin Vegas occur at the end of the month

All time in the 2 weeks

kiss

higher

– rookiexbt 🧲 (@Rookiexbt) May 15, 2025

EXPLORE: 20+ Next Crypto to explode in 2025

Join the 99Bitcoins News Discord here for the latest market updates

The FTX Recovery Trust will distribute $ 5 billion to creditors on May 30

  • Refunds will start with accounts worth $ 50,000

  • BTC is up 2% on the day following the news of the reimbursements

  • $ 5 billion in fresh liquidity injected into the markets could lead BTC to new heights and really launch the Haussier market in the process

The drop in $ 5 billion FTX stimulus is about to supply a new Bitcoin Ath: this is why appeared first on 99Bitcoins.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe judge rejects the Ripple-Sec regulation, confirms a penalty of $ 125 million against XRP
Next Article President Trump Will Print Enough Money To Pump Bitcoin to $1,000,000 by 2028: Arthur Hayes

Related Posts

Bitcoin

Coming soon: Kraken takes Wall Street Onchain with token actions

May 22, 2025
Bitcoin

Bitcoin STHS achieved $ 11.6 billion in profits in last month

May 22, 2025
Bitcoin

Andreessen Horowitz, Bath Capital Crypto invests $ 135 million in world assets

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Videos

Why your attention is valuable | Nadja Bester | TEDxSDMIMD Mysuru

May 22, 2025

In the digital age, attention is one of the most valuable currencies. As we move…

Event

The Bitcoin Economy Conference in Las Vegas for First In-Person Edition

May 21, 2025

Las Vegas, NV – May 28, 2025 — House of ZK is set to host…

1 2 3 … 46 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

The largest crypto exchange in the world by exchanging the Binance volume adds support to the global connection linked to Trump Stablecoin

May 22, 2025

Almost double Crypto tax declarations in Finland, but the majority remain not declared

May 22, 2025

Kraken pushes the EU crypto with a new Cyprus license

May 22, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,918.72
ethereum
Ethereum (ETH) $ 2,635.09
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.41
bnb
BNB (BNB) $ 681.59
solana
Solana (SOL) $ 178.09
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.239033
cardano
Cardano (ADA) $ 0.800836
tron
TRON (TRX) $ 0.274724