#FTXrepayment 🚀 FTX has started paying creditors! What does this mean for the market? 💰

FTX has officially started paying creditors with claims up to $50,000. The first refunds, including a 100% refund plus 9% annual interest, started on February 18, 2025.

💵 The total amount of payments could reach $16.25 billion.

📅 Creditors with larger claims expect their funds in Q2 2025.

🔍 Market impact:

A simultaneous withdrawal of a large number of assets could put pressure on cryptocurrency prices. Solana has already fallen by 10% after the news of the refund.

Do you think the market will withstand this pressure? 🤔