FTX’s Solana ($SOL ) Unlock: March 1, 2025 Breakdown & Market Impact On March 1, 2025, 11.2 million $SOL will be unlocked from FTX’s bankruptcy auction, potentially influencing market dynamics. Who Bought the Locked SOL? FTX’s liquidation distributed 41 million SOL to major institutions: Galaxy Digital: 25.52M SOL at $64 per token Pantera Capital: 13.67M SOL at $95 per token Figure: 1.8M SOL at $102 per token These holdings are unlocking gradually over four years, with 11.2M SOL set for release on March 1, 2025. Unlock Distribution The upcoming release will be allocated proportionally: Galaxy Digital (62.2%) → ~6.96M SOL Pantera Capital (33.3%) → ~3.73M SOL Figure (4.4%) → ~0.49M SOL Unrealized Profits at $130 per SOL If sold at current prices, here’s the potential profit: Galaxy Digital (6.96M SOL, Entry: $64) Profit per SOL: $66 Total Unrealized Profit: $459.36M Pantera Capital (3.73M SOL, Entry: $95) Profit per SOL: $35 Total Unrealized Profit: $130.55M Figure (0.49M SOL, Entry: $102) Profit per SOL: $28 Total Unrealized Profit: $13.72M Total Unrealized Profit: $603.63M Will This Unlock Affect Solana’s Price? The key question: Will institutions sell, adding selling pressure? Or will they hold for higher gains? Large unlocks often cause volatility, but strong demand could offset selling pressure. Final Thoughts The March 1 unlock is a major event for Solana’s market. Will it trigger a dip or remain stable? Drop your thoughts below! $SOL
🚀 Exciting Opportunity: Earn Free MyShell (SHELL) Airdrops with Binance! 🚀 Binance has unveiled MyShell (SHELL) as the 10th project in the HODLer Airdrops Campaign. If you allocated BNB to Simple Earn (Flexible/Locked) or On-Chain Yields between Feb 14 – Feb 18, 2025 (UTC), you are eligible for this exclusive airdrop! 💰🔥 🔹 Airdrop Pool: 25,000,000 SHELL (2.5% of total supply) 🔹 Trading Begins: Feb 27, 2025, at 13:00 UTC 🔹 Available Trading Pairs: SHELL/BTC, SHELL/USDT, SHELL/USDC, SHELL/BNB, SHELL/FDUSD, SHELL/TRY 🔹 Supported Networks: Ethereum & BNB Chain ✅ How to Participate? 1️⃣ Head to Earn on Binance & find BNB 2️⃣ Subscribe to Simple Earn (Flexible/Locked) or On-Chain Yields 3️⃣ Binance takes random balance snapshots 4️⃣ SHELL tokens will be credited within 24 hours post-announcement 🔔 A seamless way to earn additional crypto! Stay engaged for future rewards & optimize your BNB holdings through Binance Earn. 💎🚀 #Binance #bnb #CryptoAirdrop #PassiveIncome #SHELLAirdropOnBinance
SHELL has made an explosive move, currently trading at $0.6337 (+57.79%) 📊💰 🔹 24H High: $0.7099 🔹 24H Low: $0.4016 🔹 Volume (24H): 312.51M SHELL After a huge green candle, a correction is occurring 📉. Will it bounce back or correct further? 📊👀 💡 Signal: 📍 Above $0.65 - Possible bullish breakout 🟢🚀 📍 Below $0.60 - Risk of additional correction 🔴⚠️ 👉 DYOR (Do Your Own Research) before trading! Stay safe and trade wisely! 🛑📉📈 #Crypto #Binance #SHELL #Trading #cryptosignals
#LTC&XRPETFsNext? 🚀 *CoinShares is Making Moves – XRP & LTC ETFs Incoming?* 🚀 Big news, crypto fam! 🤑 *CoinShares*, one of the leading crypto investment firms, is making some serious waves in the market. They've officially filed for *Litecoin (LTC)* and *XRP ETFs*! 📄 But that’s not all—*Nasdaq* has also proposed a rule change to the *SEC* to list the *CoinShares XRP ETF*. So, what does this mean for the future of *XRP* and *Litecoin (LTC)*? 🤔 Let’s break down the potential impact! 🔍 --- *What Are ETFs and Why Does This Matter?* 🤔 An *ETF (Exchange-Traded Fund)* is a type of investment fund that can be traded on a stock exchange. For *cryptocurrencies*, an ETF allows traditional investors to gain exposure to digital assets like *XRP* and *Litecoin (LTC)* without having to directly own or manage the coins. For *XRP* and *LTC*, getting an ETF approval would mean: 1. *Wider Access for Institutional Investors*: An ETF makes it easier for big players, like *pension funds, mutual funds*, and *institutions*, to invest in these cryptos. 2. *Legitimacy Boost*: ETFs could push *XRP* and *Litecoin* into the mainstream financial world, providing a sense of legitimacy and stability to these assets. 📈 --- *What’s Happening Now?* 📅 - *CoinShares Filing*: CoinShares has officially filed to launch *ETFs* for *XRP* and *Litecoin*. These filings aim to bring the two coins to mainstream investors, offering a more regulated and secure method of investment. 🏦 - *Nasdaq Proposal*: On top of CoinShares’ filings, *Nasdaq* has submitted a rule change to the *SEC* for the *XRP ETF* listing. If the *SEC* approves this, it could be a game-changer for *XRP*. 📈 --- *What’s at Stake?* 🔥 - *Institutional Adoption*: If the *XRP* and *Litecoin ETFs* are approved, we could see a surge in *institutional adoption*. Big investors love ETFs because they’re easier to trade and follow regulations. The more institutional money that flows into these cryptos, the higher their demand and price could go. 📊💸 - *Price Surge Potential*: Historically, *ETFs
#BNBChainMeme Is New Meme Coin $TST On BNB Chain The Best Crypto To Buy Now? $TST Price Prediction Following Binance Listing The hype around Test Token led to Binance listing the new meme coin on its platform. This has opened up the crypto to a large pool of potential investors and traders, which is bullish for the meme coin. 1-hour chart for $TST/USD (Source: GeckoTerminal) Looking at the 1-hour chart for $TST/USD, a resistance has formed at $0.2378. A break above this technical barrier within the next couple of hours could result in a climb to the next major mark at $0.3096. On the other hand, a more bearish scenario could see the TST price testing the immediate support at $0.1620. Breaching this support could then lead to a plunge to as low as $0.1060.