FTX Domain’s Mass Liquidation of SOL Raises Nearly $2 Billion

Galaxy Trade, Pantera Capital, And Neptune Digital Assets to have acquired almost two-thirds of FTX bet In GROUND.

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THE FTX domain dump on half of It is Solana (GROUND) tokens has A 63% discount Since current prices, according to has A Bloomberg report on April 5. GROUND tokens represent THE majority of THE bankruptcy Exchanges assets.

THE sale received interest Since active managers And adventure the capitalists, including Galaxy Trade And Pantera Capital, people familiar with THE matter said Bloomberg.

THE bankruptcy exchange sold between 25 million And 30 million Locked GROUND coins has $64 A token, generator around $1.9 billion For FTX creditors. FTX was A early investor In Solana. It is 41 million GROUND tokens are subject has A four years acquisition calendar, meaning they can't be negotiated...