FTX's second round of locked SOL auction ends, with the transaction price at around $100
FTX's asset disposal party is finalizing the second round of auction for locked Solana (SOL) tokens, with a transaction price of around $100. Following the large-scale auction in March, this auction involves 1.8 million SOL tokens (about $232 million). It is reported that the successful bid price is between $95 and $110 per token, which is about 15% to 26% cheaper than the spot price. Galaxy Trading has once again raised funds from investors to participate in bidding for FTX's locked SOL. Pantera Capital also purchased more locked SOL in the latest round of auctions. The winning locked tokens must follow a 4-year unlocking period. The next round of auctions will begin on May 1st.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WCT briefly broke through $0.65
New spot margin trading pair — VTHO/USDT!
BNB Completes 31st Quarterly Token Burn, Worth Approximately $916 Million
Mantra CEO proposes burning $236M in tokens to rebuild trust

Crypto prices
More








