Solana

Solana (SOL) is facing downward price pressure as FTX and Alameda proceed with the liquidation of SOL tokens valued in millions.Join CryptosHeadline&#39;s Official Telegram <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">Community Channel</a>A wallet associated with the cryptocurrency exchange FTX moved $10 million worth of Solana (SOL) tokens on a Wednesday. This is part of their strategy to liquidate the cryptocurrency assets held by <a href="https://cryptosheadlines.com/alameda-researchs-losses-linked-to-luna-collapse-on-ftx/" rel="noopener noreferrer nofollow">FTX and Alameda Research</a> in order to repay creditors.Back in September, FTX and Alameda were issued a court order to liquidate crypto assets totaling $3.4 billion. To minimize the <a href="https://cryptosheadlines.com/shiba-inu-shib-burn-rate-and-price-impact/" rel="noopener noreferrer nofollow">impact on prices</a>, they decided to gradually sell off these crypto assets. <a href="https://cryptosheadlines.com/10-million-in-solana-tokens-moved-to-binance-sol-price-impact/" rel="noopener noreferrer nofollow">Read More...</a>

$10 Million in Solana Tokens Moved to Binance – SOL Price Impact?

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