FTX will begin paying its former users $16 billion in stablecoins on January 3rd. A portion of this is likely to be reinvested into the cryptocurrency market.
Previously, some tokens held by FTX/Alameda, such as SOL/WLD, have been largely sold off. The compensation received by creditors is in cash rather than tokens, indirectly reducing market selling pressure and increasing the likelihood of some compensation funds flowing back into crypto, thereby boosting market sentiment.