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FTX's bankruptcy auction of 11.2 million SOLs will be unlocked on March 1, worth approximately $2.06 billion

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Reprinted from panewslab

02/17/2025·2M

PANews reported on February 17 that according to @ai_9684xtpa, the 11.2 million SOLs (worth about US$2.06 billion) sold by FTX in bankruptcy will be unlocked on March 1, 2025. Previously, FTX sold a total of 41 million SOLs through three auctions, with the main buyers and their returns as follows:

  • Galaxy bought 25.52 million for $64 per unit, with a return rate of 187%;
  • Pantera and other buyers bought 13.67 million for $95 each, with a return of 93%;
  • Figure and other buyers bought 1.8 million for $102 per coin, with a return of 80%.

FTX's bankruptcy auction of 11.2 million SOLs will be unlocked on March 1,
worth approximately $2.06 billion

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