2024

Solana

Coin

<ul class="news-points">
 <li><strong>FTX estate sells $2.6 billion in Solana tokens at a discount</strong></li>
 <li><strong>Solana’s market metrics indicate mixed signals, with RSI at 53.56 suggesting stability and KST indicating it may be oversold.</strong></li>
 <li><strong>FTX’s liquidation includes $255 million in real estate, notably a Nassau penthouse and 15 Albany properties worth $140 million.</strong></li>
</ul>
<p>Bloomberg Crypto reports that the estate of the bankrupt crypto exchange <a href="https://coinedition.com/bankman-fried-moves-to-new-facility-while-fighting-ftx-conviction/" rel="noopener noreferrer nofollow">FTX</a> concluded the sale of $2.6 billion worth of Solana tokens at a discount. Figure Markets and Pantera were among the buyers. Figure Markets purchased 784,000 SOL tokens for $80 million, averaging $102 per token.&nbsp;</p>
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   <p lang="en" dir="ltr">The estate of bankrupt crypto exchange FTX concludes sales of a $2.6 billion trove of discounted Solana tokens, with Figure Markets and Pantera among the buyers <a href="https://t.co/qv0UrHcxxY" target="_blank" rel="noopener noreferrer nofollow">https://t.co/qv0UrHcxxY</a></p>— Bloomberg Crypto (@crypto) <a href="https://twitter.com/crypto/status/1793937209155875036?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 24, 2024</a>
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<p>This transaction occurred amid a volatile market, with <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">Solana’s price</a> currently at $165.73. The 24-hour trading volume for Solana stands at $5,796,391,450, reflecting a 4.91% decline. Solana’s current market cap is $74,463,869,286, with a circulating supply of 449,294,866 SOL coins.</p>
<p>Subsequently, technical indicators for Solana suggest va…</p>
<p>The post <a href="https://coinedition.com/bankrupt-ftx-sells-discounted-solana-tokens-as-part-of-liquidation-process/" rel="noopener noreferrer nofollow">Bankrupt FTX Sells Discounted Solana Tokens as Part of Liquidation Process</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bankrupt FTX Sells Discounted Solana Tokens as Part of Liquidation Process

Coin Edition

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