Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»FTX did not use 186K SOL: What does this mean to Solana?
ALTCOIN NEWS

FTX did not use 186K SOL: What does this mean to Solana?

By Crypto FlexsApril 12, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
FTX did not use 186K SOL: What does this mean to Solana?
Share
Facebook Twitter LinkedIn Pinterest Email

The wallet associated with the deleted Crypto Exchange FTX, which was deleted after 186,000 Solana (SOL) tokens on Friday, caused another potential selling.

The transaction, which amounts to about $ 21.5 million, has the latest assets in a series of assets unlocked by bankruptcy exchanges that want to repay the creditor.

FTX -related wallets have not worn more than 186K, more than $ 21 million. Source: SOLSCAN

Last month, the same wallet marked as “FTX/ALAMEDA Starking” was almost the same amount of soles, and eventually moved to an unknown wallet. This is a movement that matched the previous market pressure.

Overall, FTX and HEDGE Fund Alameda have more than 3 million soles. Once it is not over, the token becomes a liquid and can be sold in the public market, raising concerns about the downward pressure on the price of the SOL.

Solana (SOL) price shows power

Despite the significant launch, Solana’s price has risen slightly, increasing 3.57% for the last 24 hours to trade to almost $ 119 on Friday.

Solana (SOL) prices rose on Friday. Source: Coinmarketcap

Solana is even the second largest USD Coin, the second largest stablecoin, has secured a sixth largest encryption with $ 66.9 billion in market value.

However, trading activities have gained popularity of $ 4.22 billion in almost 30%of daily volume.

Technical indicators point to important prices

SOL traders and investors are closely seeing Solana’s price behavior, showing signs of power.

Crypto Trader Cryptorand says Solana has rebounded at the recent price level and is currently testing major resistance areas of $ 125.

According to him, if Solana can stand convincingly beyond resistance, it can notify the end of the downward trend and start a greater upward movement.

In the eyes $ solReally great bounce, the major decline in the horizontal level of $ 125, strongly pushes the resistance point of resistance.

The brake out will lead to recovery. pic.twitter.com/ca9h5cxgly

-Crypto Rand (@Crypto_rand) April 11, 2025

The market rebounds after Trump’s suspension of tariffs

The financial market, including Crypto, was shaken earlier this week as the concern about the trade war that President Donald Trump began.

Trade conflicts affecting many countries around the world have raised fear of economic turmoil.

But Trump’s decision to pause most of the new tariffs for 90 days helped to ease this fear, and the purchase of stocks and encryption markets surged.

Solana’s growth forecast in the market rebound

If the global market recovers stability, Solana’s prospects will be more prominent. Investor sentiment is strengthened by discussions over the potential inclusion of SOL in the US Digital Asset Reserve, related to Solana -based exchange transaction funds (ETF).

In addition, the upgrade of the upgraded FireDancer, which is scheduled to be a complete main net release in 2025, is expected to enhance its position in the crypto market by improving Solana’s performance and reliability.

Why this is important

FTX’s asset movement continues to reflect on the market, but Solana shows amazing strengths. Carefully cooled with macroscopic tension, and traders can give you a chance due to the main upgrades of the horizon.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025
Add A Comment

Comments are closed.

Recent Posts

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 2025

The Complete Guide to Crypto Website Listing Directories

July 5, 2025

Crypto Directories Listing That Will Transform Your Project’s Reach

July 5, 2025

The Ultimate Guide to Hiring a Crypto Marketing Agency

July 5, 2025

Six high upside encryption coins of less than $ 20 are seen in 2025.

July 5, 2025

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

July 3, 2025

XRP rebounds are interested in APT miners cloud mining.

July 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 2025

The Complete Guide to Crypto Website Listing Directories

July 5, 2025
Most Popular

Bitcoin analysts predict that BTC price will fall to $50,000 before going parabolic.

June 24, 2024

CUNNINGHAM is turning mining and metals into digital assets.

August 1, 2024

Bitwise joins race for U.S. Solana ETF approval

November 21, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.