Solana falls 6% amid fears of FTX dump — but there’s a catch
1 min read
The price of Solana (
In an April 12 hearing, FTX disclosed that it had recovered roughly $7.3 billion in liquid assets, with $4.8 billion of that sum being comprised of assets recovered as of November 2022.
Overall however, according to documents raised in the hearing, FTX held a total of $4.3 billion in crypto assets available for stakeholder recovery at market prices as of April 12.
At the time of publication, Solana is changing hands for $18.38 apiece, down nearly 11% for the week.
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