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Invezz 2023-09-14 20:32:55

Solana price unbound by FTX-induced sell pressure

After the Delaware Bankruptcy Court authorized the sale of FTX’s digital assets, which include 55.75 million Solana (SOL) valued at $1.062 million, the price of SOL came under intense selling pressure. The unlock timeline of FTX’s holdings and derivative market positioning, however, point to the possibility of an upside-biased countermove. On September 13, following the The post Solana price unbound by FTX-induced sell pressure appeared first on Invezz .

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