#FTXrepayment FTX plans to release 11.2 million SOL tokens (worth ~$2.06 billion at current prices) from its bankruptcy holdings. But the thing is , #FTXrepayment is **unlocking $SOL tokens** as part of its asset liquidation strategy, but **cash💵/stablecoins** remain the primary repayment medium. The SOL unlock poses short-term risks for Solana’s price, while the cash repayments—based on outdated valuations—have sparked creditor dissatisfaction. The broader market impact hinges on whether creditors reinvest in crypto assets like $BTC or $ETH .

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