FTX refunds are soon to be deposited as stablecoins in users' crypto accounts at Kraken or Bitgo. I suppose most of that $16B will be used to buy crypto back.
It finally feels that the bull market has started. I feel within the next 3 months, prices will get insane. Have to prepare mentally to stay grounded and not get too greedy. $8000 will be a good initial selling point.