Bitcoinist - Huge Crypto Dump Incoming As FTX Plans To Sell Altcoins Worth $4.6B

in blockchain •  2 years ago 

https://bitcoinist.com/crypto-dump-incoming-ftx-plans-to-sell-altcoins/
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To cover the loss of customers, now new FTX CEO John Ray is trying to find as many liquid assets as possible.

And as for the altcoins FTX still owns, Conor Grogan, director of Coinbase, has gone through all their wallets.

As a result, the largest virtual currency position is Solana (SOL) at over $700 million. This was followed by $575 million in FTT, $371 million in MAPS, $127 million in OXY, $90 million in WBTC, $82 million in BONA, and $500 million in Solana-based "random tokens" (SPL).

Are you a SOL holder too? Follow this news!!

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