TechFlow news, on February 24, according to Cointelegraph, Solana will see the largest token unlock in its history on March 1, with approximately 11.2 million SOL (worth about $2 billion) becoming unlocked and entering circulation.
According to crypto analyst Artchick.eth, over the next three months, more than 15 million SOL (approximately $2.5 billion) will enter circulation. Most of these tokens were acquired by institutions such as Galaxy Digital, Pantera Capital, and Figure through the FTX auction at a price of $64 per token.
Cryptocurrency trader RunnerXBT believes it is now a "risky" time to buy Solana, emphasizing that once the SOL tokens are unlocked, Galaxy Digital, Pantera, and Figure will realize substantial unrealized profits.
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