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BTC $58,846.51 -2.71%
ETH $1,567.67 -1.49%
BNB $546.35 -1.85%
XRP $1.03 -2.54%
SOL $72.66 -1.51%
TRX $0.3168 -1.55%
DOGE $0.0702 -4.49%
ADA $0.1427 -2.20%
BCH $197.94 -0.34%
LINK $7.19 -2.39%
HYPE $65.20 +1.39%
AAVE $87.76 -5.97%
SUI $0.6835 -1.94%
XLM $0.1744 -0.00%
ZEC $390.46 +0.75%

FTX creditors: The buyers of FTX's three bankruptcy auctions currently have a total unrealized profit of over $2.93 billion

2025-03-01 18:01:54
Collection

ChainCatcher news, FTX creditor representative Sunil stated that the FTX Estate sold 41 million locked SOL in three bankruptcy auctions, with the buyers being:

  1. Galaxy + clients (Defiance): the largest buyer, acquiring 25.5 million locked SOL at an average price of $64;
  2. Pantera + others: locked SOL purchased at an average price of about $95;
  3. Figure + others: locked SOL purchased at an average price of about $102.

FTX also sold approximately 14 million unlocked SOL at an average price of about $20 - $30.

The total unrealized profit for the buyers from FTX's three bankruptcy auctions is currently about $2.9302 billion (calculated at the current SOL price of $143).

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