FTX Sells Off $13M in Solana Assets to Kraken and Binance Amid Ongoing Liquidation
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FTX-linked Solana address transfers over 250k SOL worth $9.8M to Kraken.
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Same intermediary address also sends 300k SOL to Binance addresses.
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Liquidations occurring as part of court-approved plan to sell $3.4B of FTX crypto assets.
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SOL price drops 6% in last 24 hours amid sell pressure from FTX liquidations.
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Liquidations and transfers timed as SOL sees 23.9% gain over last week, outpacing top cryptos.