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BTC $81,633.83 -0.42%
ETH $2,336.04 -1.32%
BNB $669.16 +0.83%
XRP $1.48 +0.15%
SOL $97.25 +0.77%
TRX $0.3509 +0.32%
DOGE $0.1112 -1.01%
ADA $0.2806 -0.46%
BCH $449.98 -2.96%
LINK $10.57 -1.42%
HYPE $41.96 -2.44%
AAVE $101.06 -0.73%
SUI $1.28 -2.20%
XLM $0.1681 -0.70%
ZEC $558.14 -5.35%

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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