FTX Will Sell Solana at a Cheap Price Once Again: The Date Has Been Clear!
Bankrupt cryptocurrency exchange FTX is launching an auction for the third round of sale of Solana assets.
FTX will initiate a new negotiation for the sale of its locked SOL assets. According to sources familiar with the matter, a total of 41 million SOL will be offered for sale in the third round of negotiations and offers will be made for the assets on May 9.
FTX, which had previously organized two different auctions, sold approximately $1.9 billion worth of Solana to companies such as Galaxy Digital and Pantera at a price of $64 in the first round.
The second auction was held on April 25 and sold 1.8 million SOLs worth $232 million at prices of $95-110. These SOL assets, sold to market makers and corporate companies at a discounted price, will remain locked for 4 years.
According to CoinGecko data, SOL, which has lost 2% in value in the last 24 hours, is traded at $ 146 at the time of writing.
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