Asset Sales and Market Impact
- Solana (SOL) Liquidation: FTX sold 41 million SOL tokens (valued at $64–$95 per token) to fund repayments, contributing to recent price volatility .
- Valuation Disputes: Repayments are based on November 2022 crypto prices (e.g., Bitcoin at $20,000 vs. current ~$95,000), causing frustration among creditors .
- Market Reactions: Analysts are divided on whether repaid funds will flow back into crypto markets. Some predict liquidity boosts, while others expect recipients to prioritize personal debt repayment .