TechFlow reports, citing TheBlock, that the second batch of Solana from FTX's bankruptcy assets has been sold at around $100 per token. Following the first large-scale auction in March, this sale involved 1.8 million SOL (approximately $232 million). Successful bids were reportedly priced between $95 and $110 per token, representing a discount of roughly 15% to 26% compared to the spot price. Galaxy Trading once again raised funds from investors to participate in bidding for FTX’s locked SOL holdings. Pantera Capital also purchased additional locked SOL in this latest auction round. The winning bidders’ tokens will be subject to a four-year vesting period. The next auction round is set to begin on May 1.
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