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Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?

September 14, 2023 by DIGIT
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Crypto traders are talking about SOL price falling due to the risk of FTX selling its $1.16 billion Solana stake. Are they over-exaggerating?

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Categories Bankruptcy, derivatives, ftx, price analysis, Sam Bankman-Fried, solana
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  • bitcoinBitcoin(BTC)$68,428.00-2.27%
  • ethereumEthereum(ETH)$2,002.26-4.55%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.39-3.40%
  • binancecoinBNB(BNB)$614.93-3.05%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$82.05-5.40%
  • tronTRON(TRX)$0.277853-0.20%
  • dogecoinDogecoin(DOGE)$0.092510-3.18%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.14%
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  • bitcoinBitcoin(BTC)$68,428.00-2.27%
  • ethereumEthereum(ETH)$2,002.26-4.55%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.39-3.40%
  • binancecoinBNB(BNB)$614.93-3.05%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$82.05-5.40%
  • tronTRON(TRX)$0.277853-0.20%
  • dogecoinDogecoin(DOGE)$0.092510-3.18%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.14%