The FTX began to repay the Bahama -based creditors on February 18, 2025, and recorded major development since the collapse in 2022. Ether Leeum holders will receive $ 2,500 per ETH and the Bitcoin claim will be limited to $ 20,000 depending on the price of November 2022.
https://twitter.com/popmetaxx/status/188931362854683675
As a result, the BTC is currently trading near $ 97,988, resulting in a huge gap between the current market value and repayment amount, resulting in frustration of investors. Meanwhile, Ether Leeum’s current price is $ 2,698, which is a smaller difference, relieving the blow of ETH holders.
Analyst reaction: More than meeting eyes
Crypto Analyst @Ren_gmi aims to return FTX between $ 14.7 billion and $ 16.5 billion, and it is likely to pay more than 118% of the original account value from November 2022. market. After the collapse of the FTX, bankruptcy claims were first sold in the dollar, but the value of these arguments increased as more assets, including FTX’s VC investment and SOL rally, were recovered. The encryption holder can still face losses in terms of actual coins, but the current claim exceeds the value of November 2022.
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FTX has estimated it will return ~$14.7B-$16.5B to repay creditors, enough to pay customers >118% of the value in their accounts as of Nov 2022.
Despite the large AUM of the FTX estate however, it's unlikely we will see >$3B return to crypto.
Will share my methodology: pic.twitter.com/wguI081zpj
— R🐮 (@Ren_gmi) February 10, 2025
His tremendous fear and payment conversations on the rise in liquidity have been reduced, but in a recent poll, Planb asked if he would maintain cash or repay the followers. The results showed a strong preference for Bitcoin, and more than 70% of respondents chose to reinvest in BTC, reflecting the trust of the community of Bitcoin’s long -term potential despite the short -term market change.
Bitcoin vs. Ethereum: Who gets a better deal?
In the case of Bitcoin Holders, the repayment limit is difficult, given the explosive growth of BTC after 2022. On the other hand, Ether Leeum Holder has a mild influence because the price difference is minimal. This difference brought about X, and the user insisted that repayment should reflect the current market value. Despite the controversy, the repayment process of the FTX is an important step in closing one of the biggest collapse of Crypto, but many creditors question the fairness of the structure.