Pantera Capital buys SOL at a discount, setting a record for the largest investment
On-chain analysts' monitoring shows that Pantera Capital once bought SOL from FTX Estate at a discount for an astonishing $250 million. The special thing about this deal is that the purchase price is either 39% lower than the 30-day average price or a fixed $59.95.
Moreover, the vesting period of this investment is as long as four years. If this investment is confirmed, it will become one of the largest investments in the history of the fund, at least more than $250 million.
This news has sparked heated discussions and attention in the market. As one of the most watched cryptocurrencies in recent times, SOL has attracted the attention of many investors while performing well recently. Pantera Capital's previous successful investment record and this large investment have further strengthened the market's confidence and expectations for SOL.
For investors, actions like Pantera Capital may mean that they are optimistic about the future development of SOL. At the same time, it also sets an example for other investors, showing that SOL has great potential and appeal in the cryptocurrency market.
Although investment involves certain risks, it may be a good opportunity for investors who are confident in SOL. They can learn from Pantera Capital's move and better plan their own investment strategies.
