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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)$89,082.00-3.31%
  • ethereumEthereum(ETH)$3,011.14-4.08%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-4.04%
  • binancecoinBNB(BNB)$878.31-2.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$131.47-6.54%
  • tronTRON(TRX)$0.2859400.93%
  • staked-etherLido Staked Ether(STETH)$3,011.18-4.10%
  • dogecoinDogecoin(DOGE)$0.137856-7.18%
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  • bitcoinBitcoin(BTC)$89,082.00-3.31%
  • ethereumEthereum(ETH)$3,011.14-4.08%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-4.04%
  • binancecoinBNB(BNB)$878.31-2.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$131.47-6.54%
  • tronTRON(TRX)$0.2859400.93%
  • staked-etherLido Staked Ether(STETH)$3,011.18-4.10%
  • dogecoinDogecoin(DOGE)$0.137856-7.18%