FTX Token

Solana

<p><strong>FTX, once a major cryptocurrency exchange, is now dealing with bankruptcy issues. They’re asking the court to allow them to sell a massive $3.4 billion worth of cryptocurrencies on September 13.</strong></p><p>Just the news of this planned sell-off has already caused the market to decline, indicating possible negative trends for Wednesday. It’s important to note that FTX holds a significant amount of Solana and various other cryptocurrencies in its holdings.</p><p>This situation has created some uncertainty in the crypto market, and traders are closely watching how it unfolds. The sell-off could impact the prices of cryptocurrencies like Solana and influence broader <a href="https://cryptosheadlines.com/bitcoin-witnessing-third-week-of-outflows-suggesting-negative-market-sentiment/" rel="noopener noreferrer nofollow">market sentiment</a>.</p><h3 id="will-ftx-s-selloff-impact-the-crypto-market-a-href-https-cryptosheadlines-com-ftxs-3-4-billion-selloff-tipping-point-for-solana-rel-noopener-noreferrer-nofollow-read-more-a">Will FTX’s Selloff Impact the Crypto Market? <a href="https://cryptosheadlines.com/ftxs-3-4-billion-selloff-tipping-point-for-solana/" rel="noopener noreferrer nofollow">Read More...</a></h3>

FTX’s $3.4 Billion Selloff: Tipping Point for Solana?

Table of Contents

cmcdelete@edb8d1ee4ec9a85c04690131b307c085

Other articles published on Sep 11, 2023

Investor who lost 8k Bitcoins in dump sues local council

Cryptocurrency Marauder Exposes 21,877 zkSync Sybil Attack

BPOLL is on your way!

Solana Drops 6% Amid Fears of FTX Sell-off – With a Twist

Anchorage Digital CEO Highlights 'Widespread' Self-Custody Risks After Prime Trust Bankruptcy

Crypto Market Selloff: Here's Why Crypto Prices Falling Sharply

Join our free newsletter for daily crypto updates!