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Atszz

Open Trade
High-Frequency Trader
4.3 Years
5 Following
2 Followers
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All Content
Portfolio
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B
MOODENGUSDT
Closed
PNL
+0.00%
See original
S
SOLUSDT
Closed
PNL
+0.00%
S
COOKIEUSDT
Closed
PNL
+259.41USDT
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B
MOODENGUSDT
Closed
PNL
+295.38USDT
Help…
Help…
Shahzada Hazarve
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see it..
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happymemo
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#FTXrepayment FTX plans to release 11.2 million SOL tokens (worth ~$2.06 billion at current prices) from its bankruptcy holdings. But the thing is , #FTXrepayment is **unlocking $SOL tokens** as part of its asset liquidation strategy, but **cash💵/stablecoins** remain the primary repayment medium. The SOL unlock poses short-term risks for Solana’s price, while the cash repayments—based on outdated valuations—have sparked creditor dissatisfaction. The broader market impact hinges on whether creditors reinvest in crypto assets like $BTC or $ETH .
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