FTX Asset Disposal is finalizing the second round of auctions for locked Solana (SOL) tokens at around $100. This follows the first large-scale auction in March, involving 1.8 million SOL (about $232 million). It is reported that the successful bids ranged from $95 to $110 per token, which is about 15% to 26% discount to the spot price. Galaxy Trading once again raised funds from investors to participate in the bid for locked SOL held by FTX. Pantera Capital also bought more locked SOL in the latest round of auctions. The winning locked tokens are subject to a 4-year unlocking period. The next round of auctions will begin on May 1.

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