FTX has reportedly completed its sell-off of SOL by sending 250k SOL ($13.5m) to Kraken and OKX, along with 8.27m MATIC ($7.41m) and 1,500 ETH ($3.1m).
The total value of cryptocurrencies sold by the exchange reached $438m. As a result, FTX now only has 3,408 SOL ($179k) in liquid assets, while holding 42.2m SOL ($2.19bn) in a lockup, with most coins frozen until 2027-2028.
