📣Crypto News Flash📣: FTX's upcoming cash repayments could trigger a bullish wave in the crypto market, says K33 Research. FTX is set to pay a minimum of $14.5 billion to users who lost funds in its bankruptcy. This could create a "bullish overhang" for the market, neutralizing any selling pressure. 🐂💰

However, the timing of these repayments could be a crucial factor in their market impact. Gemini's $1.7 billion in repayments is due in early June, while Mt. Gox's $8.9 billion is expected by October 2024. FTX creditors are anticipating repayments later this year.

What do you think? Will this lead to a crypto market surge? Let us know in the comments! 👇🏼 #CryptoNews #FTX #BullishWave