FTX's $16 billion payout plan could trigger rallies in Bitcoin and Solana, with key dates in August and October potentially enhancing the impact on the crypto market.
Key Insights:
FTX will distribute $16 billion in cash to customers, possibly sparking Bitcoin and Solana rallies.
Crypto researcher Xremlin predicts most customers will reinvest their cash into crypto.
Important dates for this repayment plan are August 16 and October 7, which might align with the US elections and the start of the bull run's final phase.