Blog

FTX and Alameeda maintain $ 431 million in Sol


The separated FTX Crypto Exchange and the separate Alaameda Research trading company is unstable more than 3 million Solana symbols, its largest opening since it started selling the company’s symbols in November 2023.

On March 4, Blockchain Lookonchain Analysis A mark has been placed FTX and Alameeda governor, which does not accommodate 3.03 million Solana (Teller). At the time of the lock, the value of the symbols reached about $ 431 million.

Since the opening of Staped Sol, with bankruptcy companies Deposit About 25,000 SOLs are worth about $ 3.3 million in Binance.

The latest opening is not renting FTX and Alameeda since November 2023 when companies are unstable 2.1 million Sol, worth 141 million dollars. Since then, bankruptcy companies have constantly dismantled millions in Sol and sent assets to exchanges.

FTX and Alameeda governor sends $ 3.3 million to Binance. Source: Solscan

FTX dropped nearly a billion dollars in Solana Tokens

Although FTX and Alameeda have opened more than $ 400 million in Sol, companies may not be able to sell all symbols in one treatment. In September 2023, Dilayer’s bankruptcy court FTX Approved Plan for the sale of digital assetsImposing strict limits on the quantities of liquidation.

Under the court ruling, the bankruptcy exchange can sell digital assets weekly through an investment consultant, with a basic or $ 50 million in the first week and $ 100 million in subsequent weeks. If FTX is seeking to sell more, the court’s approval must be approved to raise the limit to $ 200 million a week.

The data shared by the Blockchain analysis system on the series shows that since November 2023, FTX has canceled 7.83 million. The spot on the chain He said FTX and Alameeda have canceled the codes, which are worth about $ 986 million, to Coinbase and Binance at an average price of $ 125.80 per Sol.

History of FTX and Alameeda Research Sol since November 2023. Source: Stain on the series

Related to: Solana has decreased by 45 % since the Trump Tokeen launch while Memecoins has converted liquidity

FTX starts 1.2 billion dollars to pay customers

The icons of Sol are not surprised by FTX Some of its former users are paid Those who lost the money in the stock exchange collapse.

On February 18, FTX started distributing about $ 1.2 billion of digital assets for customers who are affected by bankruptcy. Although it is considered a positive step towards the recovery of the industry, payment has faced challenges, especially for customers in the judicial states that are not qualified for distributions.

On February 21, FTX creditor and lawyer Sunil Cavouri Participated in the list of 163 judicial states Not qualified to pay the FTX. Cavouri said there are many allegations from countries that were not eligible for distributions. However, the FTX creditor said that the stock exchange was retreating the options.

https://www.youtube.com/watch?

magazine: Solana “will be a trillion dollars”: Mert Mumtaz, X Hall of Flame