According to ChainCatcher, creditors of the bankrupt cryptocurrency exchange FTX will receive more than $12 billion in the coming months under a court-approved payment plan. This increases the possibility that some of the cash may be reinvested in digital assets.

According to FTX's public information, the group has recovered $14.7 billion to $16.5 billion, while creditors claim $11.2 billion. Benjamin Celermajer, co-chief investment officer of Magnet Capital, said that the expected FTX repayment "is actually providing liquidity to known cryptocurrency traders."

He added: "We are likely to see some funds flow back into the crypto market, providing potential price catalysts for illiquid markets." However, it is worth noting that repayment will not happen immediately, and FTX must first form a trust and hire a company to oversee the fund distribution process. 📈🔍