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BTC $61,289.84 -1.76%
ETH $1,583.18 -4.78%
BNB $581.99 -0.77%
XRP $1.10 -2.61%
SOL $63.25 -3.48%
TRX $0.3195 -1.49%
DOGE $0.0822 -1.89%
ADA $0.1593 -0.55%
BCH $224.31 +0.80%
LINK $7.44 -0.96%
HYPE $60.14 -2.36%
AAVE $62.01 -8.24%
SUI $0.7117 +1.91%
XLM $0.2044 +7.25%
ZEC $370.82 +21.08%

FTX creditors: The buyers of FTX's three bankruptcy auctions currently have a total unrealized profit of over $2.93 billion

2025-03-01 18:01:54
Collection

ChainCatcher news, FTX creditor representative Sunil stated that the FTX Estate sold 41 million locked SOL in three bankruptcy auctions, with the buyers being:

  1. Galaxy + clients (Defiance): the largest buyer, acquiring 25.5 million locked SOL at an average price of $64;
  2. Pantera + others: locked SOL purchased at an average price of about $95;
  3. Figure + others: locked SOL purchased at an average price of about $102.

FTX also sold approximately 14 million unlocked SOL at an average price of about $20 - $30.

The total unrealized profit for the buyers from FTX's three bankruptcy auctions is currently about $2.9302 billion (calculated at the current SOL price of $143).

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