The Potential Demand for Purchases may be Triggered by K33:FTX’s Cash Repayment, Optimistic about Year-end Cryptocurrency Market Performance.

According to The Block, research firm K33 Research believes that the debt repayment plan of the collapsed cryptocurrency exchange FTX “could be seen as a bullish factor” as cash repayment may trigger the recipients’ demand for purchasing coins, further offsetting the selling pressure brought by the physical repayments of Mt. Gox and Gemini.