Hey, my people! 🚀 What's up with a stash of $35 million that was asleep and suddenly wakes up? It's like finding a treasure you thought was lost.
What a mess! Imagine that Alameda Research, the sister company of the famous and fallen FTX, just released a ton of Solana (SOL). We're talking about about 35 million dollars that were frozen since the end of 2020. 🥶
The craziest thing is that at that moment, that amount of SOL was worth only 350 thousand dollars. It multiplied by 100! 🤯 This movement is a bombshell because we all know the disaster that was the bankruptcy of FTX and Alameda. They left thousands of people out on the street and now, suddenly, these funds appear.
Now the million-dollar question is: What are they going to do with this money? 🧐 Although nothing official has been said about an imminent sale, this money could be crucial to give something back to the thousands of creditors affected by the collapse.
Meanwhile, Solana is in a weird wave. It has been stagnant for a while, unable to break the $200 barrier. Many are afraid that if they sell this massive amount of SOL, the price will plummet. Others, more optimistic, believe that this movement could be the spark it needs to take off. 🚀
This leaves us thinking... will it be the start of the "Solana season" or just more drama? We will be watching to see what happens with this 35 million and how it affects the market.$SOL
