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The discounted tokens in FTX's bankruptcy assets continue to attract investors' attention, and buyers have gained considerable profits

The discounted tokens in FTX's bankruptcy assets continue to attract investors' attention, and buyers have gained considerable profits

Bitget2024/10/07 02:00
On October 7th, according to relevant reports, the sale of discounted tokens in FTX's bankrupt assets continued to attract investors' attention. Investors have snapped up millions of tokens from multiple projects, betting that these assets are undervalued and may bring long-term upward space. For example, the largest holding of FTX assets is 41 million locked SOLs, currently worth about $6 billion. Asset managers sold these tokens in batches at discounted prices of $64 to $110 in April and May, and investors who bought them, such as Pantera Capital, Galaxy Trading, and Figure Markets, have already made paper profits. FTX asset managers plan to auction 22.30 million locked Worldcoin (WLD) tokens, worth about $38 million. Despite investors' concerns about the length of the lock-up period, the auction remains highly competitive, with WLD trading at a price of "slightly over $1". Currently, the trading price of WLD is about $1.78; FTX Asset Management also sold Metaplex (MPLX) tokens, which were subsequently purchased by multiple cryptocurrency funds at a discount from Wave Digital Assets.
 
Investors say they are focused on high-quality assets and projects led by visionary founders. Despite the risks, the attractiveness and potential returns of discount tokens make many investors consider these investment opportunities worth considering.
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