FTX Tests Repayment Protocol Ahead of 2025 Liquidity Boost

FTX's official wallet has recently transferred a total of 0.303 BTC across three separate transactions, according to data analyzed by Arkham. This activity is believed to be an initial test related to FTX's repayment protocol, which has garnered significant attention from stakeholders. The upcoming repayment schedule is set to commence on February 18, 2025, aiming to provide much-needed liquidity to affected customers and boost their confidence in the ongoing restructuring efforts.

The cryptocurrency ecosystem is closely monitoring these developments, as the situation remains dynamic. Market participants are eagerly awaiting further updates on FTX's repayment protocol and its potential impact on the broader crypto market.