Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
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

Crypto EXEC is not the end of the rally.

July 24, 2025

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardano (ADA) flashes optimistic signals. Did the meeting just started?

July 26, 2025

DL Mining Launches In The U.S.

July 26, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025

Wake’s GMX Hacking Analysis and Attack Scenario

July 25, 2025

Pepeto Announces $5.5M Presale And Demo Trading Platform

July 25, 2025

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Bybit And Tether Launch Strategic Partnership To Accelerate Crypto Adoption In Brazil

July 25, 2025

Remittix Presale Raises $17M After Revealing Next-Gen Web3 Wallet Beta Launch Date

July 25, 2025

Pioneering Real-World Asset Tokenization In The U.S. Market

July 25, 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

Cardano (ADA) flashes optimistic signals. Did the meeting just started?

July 26, 2025

DL Mining Launches In The U.S.

July 26, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025
Most Popular

Bitcoin’s next halving event is now just 50 days away.

March 2, 2024

Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge

February 17, 2024

Ethereum (ETH) is lagging in market capitalization growth despite a positive year.

December 24, 2023
  • 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.