Can FTX's Solana Auction This Week Put Breaks to SOL Price Surge?

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Can FTX's Solana Auction This Week Put Breaks to SOL Price Surge?

Sources familiar with the matter stated that the bankruptcy estate of the defunct crypto exchange FTX could be auctioning off a large part of its Solana holdings this week. This could potentially introduce some selling pressure on the Solana price which has recently resumed its upward trajectory. FTX To Conduct A ‘Blind Auction’ for Solana According to sources familiar with the process, a “blind auction” is scheduled for the next batch of Solana…