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Analysts at Lookonchain are promoting the idea that #FTX platform wallets have scrapped the Stake on $160 million #SOL coins and may be willing to sell them. These wallets moved millions of SOL to different trading platforms, causing the SOL price to drop by 3%. There are reports of a possible relationship with investment firm Galaxy Digital and Mike Novogratz. These movements may be related to the liquidation of FTX assets. These events follow the conviction of FTX founder Sam Bankman Fred in the FTX cryptocurrency exchange case that collapsed in 2022, with the verdict expected in March 2024. Information suggests that Bankman Fried’s allies may also be prosecuted and face light or no punishments. $SOL

Analysts at Lookonchain are promoting the idea that #FTX platform wallets have scrapped the Stake on $160 million #SOL coins and may be willing to sell them. These wallets moved millions of SOL to different trading platforms, causing the SOL price to drop by 3%. There are reports of a possible relationship with investment firm Galaxy Digital and Mike Novogratz. These movements may be related to the liquidation of FTX assets. These events follow the conviction of FTX founder Sam Bankman Fred in the FTX cryptocurrency exchange case that collapsed in 2022, with the verdict expected in March 2024. Information suggests that Bankman Fried’s allies may also be prosecuted and face light or no punishments. $SOL

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