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BTC $76,902.25 -0.95%
ETH $2,289.58 -1.04%
BNB $624.94 -0.27%
XRP $1.39 -1.48%
SOL $84.06 -1.30%
TRX $0.3231 -0.13%
DOGE $0.0997 +1.81%
ADA $0.2463 -0.27%
BCH $447.55 +0.18%
LINK $9.27 -0.48%
HYPE $40.61 -3.96%
AAVE $97.87 +2.12%
SUI $0.9315 +0.61%
XLM $0.1648 -2.25%
ZEC $335.46 -6.41%

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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