FTX plans to sell $100 million worth of cryptocurrency each week to repay its debts, pending confirmation from regulators

ChainCatcher news, according to finbold, FTX plans to sell approximately $100 million worth of cryptocurrency each week. This plan has not yet been finalized due to potential intervention from the SEC or other regulatory agencies.

FTX currently holds about 10% of the total supply of SOL, valued at over $3.3 billion. Additionally, it holds BTC worth $742 million, ETH worth approximately $226 million, APT worth about $180 million, and XRP worth approximately $143 million.