List of Flash News about FTX bankruptcy auction
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2025-08-05 01:40 |
Galaxy Digital Acquires 25.52 Million SOL in FTX Bankruptcy Auction, Achieves 154% Return and Shifts from ETH to SOL
According to @ai_9684xtpa, Galaxy Digital was the largest buyer in FTX's bankruptcy auction, acquiring 25.52 million SOL at a price of $64 each. If Galaxy Digital has not sold these tokens, the current return rate stands at 154%. Additionally, in April, on-chain data from Lookonchain indicated that Galaxy Digital shifted holdings by selling 65,600 ETH to increase its SOL position. This major asset rotation signals strong institutional interest in SOL, which may influence short-term trading opportunities for both SOL and ETH due to potential liquidity shifts and volatility. Source: @ai_9684xtpa. |