FTX Sells $1.6B in Locked $SOL to Top Crypto VCs

The sale occurred at $64 per $SOL token, involving major crypto VCs, Pantera Capital and Galaxy Digital. This was a strategic move. Under the agreement, the bought $SOL tokens will be locked for four years, barring any sale or trade until then. Four-Year Lock-Up for Purchased $SOL Tokens This transaction marks a notable moment for...

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