TechFlow news: FTX Estate will sell its third batch of locked Solana this week, with the auction starting on May 9. The exact quantity for this sale has not been disclosed.
FTX Estate is selling approximately 41 million locked Solana tokens, which will unlock over four years, with staking rewards released according to the vesting schedule. Last month, they sold an additional 1.8 million Solana through auctions priced between $85 and $110. Recently, FTX Estate released a draft Chapter 11 bankruptcy plan proposing to pay creditors at least 118% of allowed claims.




