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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

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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