News View Non-AMP

FTX Pumps $16 Billion into Crypto Markets: Is a Bull Run Incoming?

Published by
Elena R

FTX, one of the most notorious crypto exchanges, is preparing to distribute $16 billion in cash to its customers in the coming months. This development is poised to have a significant impact on the crypto market.

Here’s what you need to know about this intriguing situation!

When Will FTX Begin the Distribution?

The major question is: When will FTX start distributing the cash? According to Farhad F., a Web3 enthusiast, the distribution is expected to commence as early as December 2024. He predicts that a substantial portion of this cash will flow back into the crypto market, potentially driving significant market activity.

Who Are the Recipients?

Reports suggest that the recipients of this cash are primarily crypto natives. Farhad F. anticipates that these recipients will reinvest the funds into the crypto market, potentially triggering a bull run. Notably, Dogecoin (DOGE) is highlighted as a coin that could benefit significantly from this redistribution.

The Rise and Fall of FTX

Before we delve further into the potential impacts, it’s crucial to revisit the rise and fall of FTX. Founded by Sam Bankman-Fried, FTX collapsed in November 2022. The collapse exposed several corporate control failures, raised questions about regulatory oversight, and cast a spotlight on the role of venture capitalists in enabling such malfeasance.

This event was one of the most significant collapses in the history of the crypto sector, sparking a serious discussion about the need for better governance in the industry.

Also Read: Mt.Gox’s $9 Billion Repayment Begins Today! How Will the Crypto Market React?

The crypto market’s future is uncertain. What are your predictions for the impact of this $16 billion distribution?

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

Cboe BZX Files Form 19b-4 With SEC to List Canary PENGU ETF

The Cboe BZX exchange has filed Form 19b-4 with the United States Securities and Exchange…

June 26, 2025

FHFA Orders Fannie Mae and Freddie Mac to Recognize Crypto as Mortgage Asset

The Federal Housing Finance Agency (FHFA) under director William Pulte, has directed Fannie Mae (Federal…

June 26, 2025

Top 10 Best Crypto Presales June 2025 – Unstoppable Opportunities to Skyrocket Your Portfolio!

Crypto’s Next Wave – Are You Ready? Crypto enthusiasts, June 2025 has arrived with a…

June 25, 2025

Crypto Traders Are Leaving SOL and AVAX for Kaanch—Best Crypto to Buy Now Before BitMart Listing

Crypto traders are rapidly shifting their focus away from Solana (SOL) and Avalanche (AVAX) toward…

June 25, 2025

2025’s Definitive Guide to Crypto’s Top 10 Best Meme Coins & Crypto Presales

Introduction to Unreal Growth of Meme Coins & Crypto Presales The meme coin and crypto…

June 25, 2025

Bitcoin Price Prediction 2025: Expert Says $160k Possible This Cycle

As Bitcoin continues to hover around the $100,000 mark, experts are debating just how high…

June 25, 2025