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FTX Estate Plans Auction for Locked Solana Tokens
22.4.2024
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens...
Why is Solana price up this week?
11.11.2023
Solana's price is up 40% this week due to easing FTX-dump fears and growing Bitcoin ETF buzz, while SOL/USD technicals hint at more upside
Solana price hits a new 2023 high — What’s behind the SOL rally
10.11.2023
SOL hit its highest price since May 2022, possibly due to an uptick in DApp use and a few other key factors
FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report
16.10.2023
The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets.
The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block.
One...
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
11.9.2023
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update...
Solana falls 6% amid fears of FTX dump — but there's a catch
11.9.2023
The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once