FTX, the defunct cryptocurrency exchange, will begin redistributing $16 billion to its creditors starting next week. This significant liquidity injection is expected to impact the cryptocurrency market, with much of the funds likely flowing into Bitcoin and other altcoins. Analysts believe that this redistribution could provide substantial tailwinds for Bitcoin, potentially driving its price higher. The $16 billion is equivalent to approximately 250,000 Bitcoin at current prices, and market participants are anticipating increased volatility as these funds begin to circulate next month.