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coinpedia 2024-09-13 11:46:29

Solana Faces Pressure as FTX Holds Over $1 Billion in SOL Amid Liquidation

The post Solana Faces Pressure as FTX Holds Over $1 Billion in SOL Amid Liquidation appeared first on Coinpedia Fintech News Solana in Trouble! FTX still holds over $1 billion in Solana (SOL) tokens as part of its ongoing bankruptcy liquidation. The exchange has 7.06 million SOL, worth $945.7 million, staked but unsold, adding pressure to Solana’s market value. Despite recent sales of 530,000 SOL by FTX and Alameda Research, significant holdings remain. The crypto market …

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