Imagine waiting three years to get your money back from one of the biggest crypto disasters in history.
Well, that wait might finally be over for FTX creditors.
With billions of dollars about to be returned to people who lost money in the infamous exchange’s collapse, the crypto world is watching closely—because this could shake up the market in a big way.
FTX’s Collapse: A Quick Recap
Back in 2022, FTX, once a golden child in the crypto exchange space, imploded almost overnight—taking a jaw-dropping amount of investor and creditor funds with it.
The aftermath was messy, filled with bankruptcy filings, court battles, and uncertainty.
But fast forward to now, and there’s finally a plan in motion to pay people back.
What’s New? Another $5 Billion Is on the Way
Crypto analyst Axel shared on X (formerly Twitter) that another wave of repayments is set to go out by May 30.
This isn’t just another round of vague promises—this one is big: $5 billion, and it’s all in stablecoins.
That last detail matters. Unlike previous repayments that involved various volatile crypto tokens, stablecoins are, well, stable.
That means recipients aren’t likely to dump them on the market in a panic or cash grab.
So instead of seeing a crash, we could see a flow of fresh money reinjected into the crypto ecosystem.
Why This Could Be a Market Mover
Here’s the interesting part: many of the people getting this money back are already seasoned crypto investors.
These aren’t folks who are going to take their refund and walk away—they’ve stuck around through the chaos.
Now that they’re being made whole (or close to it), there’s a good chance they’ll pour those funds right back into the market.
Axel put it simply: “Most of them stayed in crypto despite the FTX blowup.
Now they’re getting their bags back, and they’re gonna rotate that liquidity back into the market.”
The Perfect Timing?
This payout couldn’t come at a more interesting moment.
Bitcoin is hovering near its all-time high, and Ethereum’s on a steady climb.
So if that $5 billion gets funneled back into crypto, it could be the push needed for a major rally.
According to Axel, this could be the start of the next big move.
He even hinted at potential price targets—saying Bitcoin could surge beyond $120,000 if enough of that liquidity flows back in.
And if that happens, we could also be looking at the beginning of a new altcoin season.
All Eyes on May 30
So, what now? The crypto world is bracing for May 30, the day the disbursement is expected to drop.
While nothing is guaranteed in the world of digital currencies, this infusion of capital could mark a new chapter in the post-FTX era—one that’s less about recovery and more about growth.
What would you do if billions suddenly returned to the market? Are we heading for a major bull run—or is it too soon to celebrate?