FTX estate sells $1.9 billion worth of locked up SOL for $64 p | Crypto Calendar News
FTX estate sells $1.9 billion worth of locked up SOL for $64 per token: report
The FTX estate sold around $1.9 billion worth of SOL in a bid to clear the collapsed crypto exchange of debt. FTX's estate sold off roughly two-thirds of SOL lot worth around $2.6 billion, reports Bloomberg, citing people familiar with the matter. The lot contained up to 30 million SOL valued at $64 each. The tokens were discounted because they're locked up, meaning it will take a while before they're sellable.
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