FTX holds 40.5 million SOL (worth approximately 3.99 billion USD) which will be gradually unlocked according to the established plan. Among them:

Approximately 609,000 SOL (about 6 million USD) will be unlocked each month, accounting for 1% of the total.

7.5 million SOL (accounting for 13.5% of the total) will be unlocked in one go on March 1, 2025.

The remaining 61,800 SOL will be fully unlocked on May 17, 2025.

This means that the SOL held by FTX will be released to the market gradually over the next year or so.

$SOL