FTX and Alameda remain the main holders of SOL, with potential earnings exceeding $3 billion for FTX debtors
According to Spot On Chain monitoring, SOL has risen by about 17% in the past 24 hours and its market value has surpassed BNB, but FTX and Alameda remain the main holders.
It is reported that they transferred 13.22 million SOL (666 million USD) to exchanges between October 24th and December 14th, 2023. They may currently have 2 million SOL (192 million USD) available for liquidation at any time. A total of 40.5 million SOL (3.99 billion USD) will be released linearly on a monthly basis, mainly in 2025. After FTX's bankruptcy on November 11th, 2022, SOL surged by 550%, from $17.66 to $98, which means potential gains exceeding $3 billion for FTX debtors.
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