The bankrupt crypto exchange FTX is set to repay its creditors, with analysts predicting that the fund distribution will kick start a bullish cycle in 2025. The Chapter 11 reorganization plan will become effective on January 3, and the initial payment is expected to occur within the next 60 days. This move is anticipated to inject around $16 billion into the market and lead to a rise in investments. FTX aims to return 98% of the funds lost by its customers and the repayments will be made through BitGo and Kraken. The repayment process will prioritize small claims first, with larger reimbursements set for completion later in the year. The liquidity from the payments is expected to hit the market, potentially sparking an altcoin season. However, there are conflicting claims about when the funds will be transferred and the exact amount of the distribution. Despite the uncertainty, the market is hopeful that FTX repayments could give the bulls an advantage in the coming year.



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