FTX Wallets Move $13.5M in SOL Tokens to Exchanges as SOL Price Dips 7.5%
-
Wallets linked to bankrupt FTX moved $13.5M in SOL to Binance and Wintermute as token's rally takes a break.
-
On-chain data shows FTX wallets transferred 250k SOL and $4M USDT to exchanges, likely to sell on open market.
-
SOL prices down 7.5% in past day, underperforming wider crypto market losses.
-
Tuesday transfer comes after $30M in SOL moved to exchanges last week, though prices recovered.
-
FTX's $1B+ SOL stake acquired 2020-2022; group sent mixed messages on plans to sell down holdings.