FTX Auctions Off Solana Tokens This Week: Investors in a Buzz

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FTX plans to auction off an unspecified amount of Solana tokens this week through a “blind auction.”
Figure Markets, Pantera Capital, and Abra are the leading bidders of FTX’s Solana auction.
The bankrupt exchange recently sold $1.9 billion SOL, which was bought by firms like Galaxy Digital and Pantera Capital.

According to a recent Bloomberg report, the bankrupt crypto exchange FTX has decided to auction off another unspecified amount of Solana (SOL) tokens this week. People familiar with the matter revealed that a “blind auction” is scheduled for the next batch of SOL.

Kyle Chasse, a Bitcoin proponent, shared an X post on April 23, unveiling FTX’s plans for the next batch of SOL auctions. He stated, “FTX will be auctioning off its remaining SOL tokens.”

Reportedly, FTX sold almost $307.6 million of SOL and ZBC tokens in March. In a previous report dated March 29, it was unveiled that 41 million locked Solana tokens worth $7.5 billion were sold by FTX, invoking investors’ speculations.

In a recent report, Mike Cagney, the co-f…

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