{"id":27151,"date":"2025-05-16T13:49:53","date_gmt":"2025-05-16T13:49:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27151"},"modified":"2025-05-16T13:49:53","modified_gmt":"2025-05-16T13:49:53","slug":"5bn-ftx-stimulus-drop-is-about-to-fuel-new-bitcoin-ath-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27151","title":{"rendered":"$5Bn FTX Stimulus Drop Is About To Fuel New Bitcoin ATH: Here\u2019s Why"},"content":{"rendered":"<div>\n<p>Over $5 billion will be distributed to FTX creditors from the bankrupt crypto exchange\u2019s estate in the coming weeks, as the next wave of reimbursements is set to take place on May 30, according to the FTX Recovery Trust\u2019s statement released yesterday (May 15).<\/p>\n<p>The upcoming May 30 distributions are the second phase of the FTX bankruptcy estate\u2019s recovery plan. With this next wave, four groups of creditors are set to be reimbursed, with distributions ranging between 54% and 102% of the value of their FTX holdings at the point the exchange collapsed in November 2022.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">FTX Creditor claims<\/p>\n<p>FTX Customers:<\/p>\n<p>Class 5: Claims &gt; $50k<br \/>5A: FTX International<br \/>5B: US<\/p>\n<p>Class 7: Claims &lt;=$50k<br \/>7A: FTX Intl<br \/>7B: US<\/p>\n<p>Class 6: Non Customers<\/p>\n<p>Can find your class on your FTX voting form <a href=\"https:\/\/t.co\/pTZ10Q7q7u\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/pTZ10Q7q7u<\/a><\/p>\n<p>\u2014 Sunil (FTX Creditor Champion) (@sunil_trades) <a href=\"https:\/\/twitter.com\/sunil_trades\/status\/1923277221185159267?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>FTX Recovery Trust Administrator Remarks On The Magnitude Of The FTX Repayments, Says \u201cThis Is An Unprecedented Distribution Process\u201d<\/h2>\n<p>\u201cThese first non-convenience class distributions are an important milestone for FTX,\u201d FTX Recovery Trust plan administrator John J. Ray III said yesterday in the statement. \u201cThe scope and magnitude of the FTX creditor base make this an unprecedented distribution process.\u201d<\/p>\n<p>Under the recovery plan, members of creditors Class 5\u2014a group that includes lenders and trading partners of Alameda Research and other traders and vendors\u2014will receive distributions between 54% and 72% of their claims.<\/p>\n<p>Another group of FTX victims with small, unsecured claims can expect disbursements of 61%, while claims involving inter-company interests will be paid out at 120%.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\">12 Best AI Crypto Coins to Invest in 2025<\/a><\/strong><\/p>\n<p>BitGo and Kraken are working with the Recovery Trust and will send the funds directly to eligible creditors\u2019 exchange accounts within one to three business days from May 30.<\/p>\n<p>In total, over $5 billion is set to be distributed on May 30. International claims over $50k are set to receive 72% of their lost portfolio value while $50k+ claims from within the US will receive 54%.<\/p>\n<p>Strangely, claims on portfolios worth under $50k are scheduled to receive 120%, with no information provided on why any creditor would receive more than the original value of their lost portfolio.<\/p>\n<p>Bitcoin is currently trading at around $103,800 and is up 2% on the day following the news of FTX\u2019s upcoming repayments at the end of the month.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-238872 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-scaled.png\" alt=\"$5 billion of fresh capital being injected into the crypto markets via the FTX repayments could lead Bitcoin to a new all-time high\" width=\"2560\" height=\"1181\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-300x138.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-1024x472.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-768x354.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-1536x708.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-2048x944.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-50x23.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-308x142.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-16-at-11.56.10-350x161.png 350w\" sizes=\"(max-width: 2560px) 100vw, 2560px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">COINGECKO<\/a>)<\/p>\n<h2>Why Is $5 Billion In Reimbursements Bullish For Bitcoin: New All-Time High Soon?<\/h2>\n<p>Put simply, these repayments from the FTX trust will lead to a huge liquidity injection into the crypto markets. The repayments on May 30 will see a distribution of significant capital to creditors.<\/p>\n<p>These creditors are a blend of retail and professional crypto investors, and as a result, they are likely to reinvest these funds back into the markets. After already suffering once with the collapse of FTX and the tumultuous journey to get their funds back, the creditors may act more risk-averse with the recovered funds, making Bitcoin the most logical investment choice.<\/p>\n<p>This influx of capital could increase buying pressure and drive Bitcoin\u2019s price higher, leading into June\u2019s FOMC Fed meetings, which many are anticipating rate cuts. If Powell does indeed slash the interest rates in June, it would give market participants the green light to pour into risk-on assets once more.<\/p>\n<p>Lastly, the current market sentiment heading into these repayments is incredibly high, especially compared to November 2022 when FTX initially crashed and BTC was at rock bottom, trading for $16,000.<\/p>\n<p>We\u2019re currently in the middle of the 12-16 month period following a Bitcoin halving that has historically been the best period for BTC price action. This, coupled with the upcoming FOMC meetings and $5 billion of fresh capital flowing into crypto, could kickstart Bitcoin\u2019s run to $150,000 and above in the coming months.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Both $5b FTX creditor payout and Bitcoin Vegas happening at the end of the month <\/p>\n<p>all time highs within 2 weeks time <\/p>\n<p>fuck you<\/p>\n<p>higher<\/p>\n<p>\u2014 RookieXBT <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f9f2.png\" alt=\"\ud83e\uddf2\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@RookieXBT) <a href=\"https:\/\/twitter.com\/RookieXBT\/status\/1923081457326563643?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p class=\"p1\">\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">The FTX recovery trust will be distributing $5bn to creditors on May 30<\/h3>\n<p class=\"p1\">\n<ul class=\"nnbtc-key-takeaways__list\">\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         The repayments will begin with accounts valued under $50,000     <\/li>\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         BTC is up 2% on the day following news of the repayments     <\/li>\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         $5bn of fresh liquidity being injected into the markets could lead BTC to fresh highs and truly kick-off the bull market in the process     <\/li>\n<p class=\"p1\">\n<\/ul>\n<p class=\"p1\">\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/5bn-ftx-stimulus-drop-is-about-to-fuel-new-bitcoin-ath-heres-why\/\">$5Bn FTX Stimulus Drop Is About To Fuel New Bitcoin ATH: Here\u2019s Why<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over $5 billion will be distributed to FTX creditors from the bankrupt crypto exchange\u2019s estate in the coming weeks, as the next wave of reimbursements is set to take place on May 30, according to the FTX Recovery Trust\u2019s statement released yesterday (May 15). The upcoming May 30 distributions are the second phase of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27151","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27151"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27151\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}