FTX is selling 2000 SOL of its bankrupt assets this week, with Pantera Capital being one of the winning bidders
PANews reported on April 26th, according to Bloomberg, insiders revealed that Pantera Capital was one of the winning bidders for another batch of discounted Solana tokens from FTX's bankruptcy asset auction. In this week's auction, about 2,000 SOL tokens were sold from FTX's bankrupt assets. The selling price of these tokens was higher than the approximately $60 in the previous auction. Insiders said more auctions are expected.
Earlier this month, two-thirds of Solana tokens worth about $2.6 billion were sold at a significant discount by FTX's bankrupt assets, attracting participation from Pantera and Galaxy Digital. The 41 million SOL tokens sold by FTX’s bankrupt assets have been locked up according to pre-agreed vesting periods which means they cannot be traded on the market. These tokens will gradually go public for sale over four years.
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