- The FTX token changed hands at around $0.28 amid broader crypto market volatility.
- The FTX Recovery Trust will begin a distribution of $2.2 billion on March 31, 2026.
- Potential impact on $TTFThe price could see it fall to a low of $0.24.
FTX token ($TTF) is trading lower amid overall crypto weakness and as FTX Recovery Trust announces plans to distribute $2.2 billion to approved creditors by March 31, 2026.
The distribution will mark the fourth round of payments from the collapsed stock exchange’s bankruptcy proceedings.
Could this influx of capital crush the $TTF token? At the time of writing, $TTF It was hovering around $0.28 and was down 2% in the last 24 hours.
FTX to distribute $2.2 billion to creditors
The ongoing repayments to FTX creditors follow the exchange’s Chapter 11 bankruptcy filed in late 2022 as the Sam Bankman-Fried empire imploded.
SBF was convicted of various charges related to the collapse and is serving a 25-year prison sentence. FTX is now the subject of a Netflix miniseries, “The Altruists,” which also features portrayal by Caroline Ellison.
The upcoming eight-episode show is expected to highlight the dramatic implosion of one of the crypto industry’s largest exchanges at the time, with key questions around governance and customer protection.
Bankman-Fried recently claimed the exchange was never resolved.
FTX’s creditors have nevertheless already recorded a series of successful payments, and the company is looking at an additional $2.2 billion for convenience and non-convenience claims.
The record date for this distribution was February 14, 2026, with payments beginning on March 31 for verified debt holders and distributed within 1-3 business days via designated providers.
(1/4) FTX announced that it is preparing to distribute its fourth distribution of approximately $2.2 billion on 3/31/26 to authorized claim holders in the plan’s convenience and non-convenience categories who have completed the pre-distribution requirements.
– FTX (@FTX_Official) March 18, 2026
$TTF price outlook
$TTFthe native token once central to the FTX ecosystem, remains susceptible to these events, although it has fallen to near zero from all-time highs above $85.
Holders could view the distribution as a new trigger for selling pressure, jeopardizing the token’s rebound from its all-time low of $0.24 reached in October 2025.
Data shows that at least 38.3k wallet addresses hold the FTX token.
With FTX on the verge of closing its bankruptcy, the recovery could include a bullish reversal to $0.50 and likely the psychological $1 level.
This will also depend on the stabilization of broader markets in the short term.
From a technical perspective, neutral oscillators and mixed moving averages signal caution ahead of the March 31 distribution.
The daily RSI is hovering near 42 and signals a potential decline towards oversold extremes.
Meanwhile, the MACD shows slight bullish momentum with a weakening histogram.
FTX Token Price Chart by TradingView
$TTF is down 22% over the past month, with altcoins seeing downward pressure amid current bearish crypto conditions.
If creditors liquidate holdings whose prices are falling, a retest of all-time lows around $0.24 could follow.