The post FTX sells $42 million in SOL tokens and $12.9 million in ETH! appeared first on Coinpedia Fintech News
FTX has sold 1.1 million SOL tokens ($42.35 million) and 7,183 ETH ($12.9 million) in the past 24 hours. The exchange also transferred 750,000 SOL tokens ($30 million) to Binance and Kraken after unstaking 3.96 million SOL tokens ($160 million) two days ago. The reason for the sell-off is unknown, but it could be a way for FTX to take profits or shift investments towards more profitable cryptocurrencies.
Source: https://coinpedia.org/crypto-live-news/ftx-sells-42-million-in-sol-tokens-and-12-9-million-in-eth/