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FTX to auction more Solana tokens this week, potential bidders say (SOL)
The bankruptcy mass of the bankrupt FTX the cryptocurrency exchange plans to auction another unspecified amount of Solana tokens this week, according to people familiar with the sale.
According to two people familiar with the process who asked to remain anonymous, a “blind auction” will be held for the next batch of SOLs. The auction expires Wednesday and the results will be announced Thursday, one of the people said. In a recent monthly operating report, FTX revealed that it sold approximately $307.6 million worth of SOL and ZBC tokens in March. April sales results have not yet been released. A company spokesperson declined to comment.