Bloomberg: FTX sold 2/3 of locked SOL, raising 1.9 billion USD.
Sources on April 5, 2024 of Bloomberg said that FTX bankruptcy managers have sold about 2/3 of the 41 million locked SOL, worth 7.1 billion USD at the time of writing (SOL trading around 174 USD).
Accordingly, FTX's asset holders have completed the sale of about 25 - 30 million SOL at a selling price of 64 USD/VND. This deal is estimated to bring FTX a maximum of 1.9 billion USD.
In addition, Galaxy Trading, a unit of billionaire Mike Novogratz's Galaxy Digital, has mobilized about 620 million USD for a newly established fund just to "serve" the purpose of buying back SOL from FTX.
