๐ Brace yourselves for the plummet, as SOL takes a nosedive and FTX ignites another auction frenzy for locked Solanas! ๐๐จ With a whopping 41 million SOL up for grabs, bidding wars are set to close on May 9th, unleashing these locked assets into the wild crypto frontier! ๐๐ฐ Hold onto your hats, as these tokens remain locked for a hefty 4-year stint, with staking rewards sprinkled along the way like hidden treasures! โณ๐ธ
FTX's rollercoaster ride to repay creditors has been nothing short of epic, raking in a jaw-dropping $1.7 billion in revenue from previous sales! ๐ฐ๐ผ From Galaxy Trading to Pantera, heavy hitters have been vying for SOL assets, with bids ranging from $85 to $110 per cryptocurrency! ๐ธ๐ผ As the bidding war reaches its climax, SOL's price dances around last month's auction levels, leaving potential buyers on the edge of their seats! ๐ค๐ผ
But fear not, for amidst the chaos, FTX offers a glimmer of hope with refunds for creditors, promising a whopping 118% payout for 98% of them after court approval! ๐๐ค Strap in, crypto enthusiasts, for the saga of FTX's asset sales continues to unfold, promising thrills, spills, and perhaps a few surprises along the way! ๐๐ #FTXAuction #CryptoDrama #SOLAdventure ๐ผ๐
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