- FTX Estate has placed a sell wall on Binance for Solana (SOL) at a price of $130–$140.
- The firm purchased the tokens for a price of $16.24 per coin.
- If the sale is executed, FTX will be making a profit of $123 per coin.
The restructuring officers and bankruptcy attorneys working for the defunct digital asset trading platform FTX were called out on social media platform X (formerly known as Twitter) for placing a sell wall at the $130–$140 price range for its Solana (SOL) holdings.
As per crypto commentator and the host of ‘Crypto Traders Club Space’, Marty Party over 350,000 SOL tokens have been stacked up on the world’s largest crypto exchange by trading volume, Binance.
The crypto enthusiast called out the lawyers and executives of the exchange, stating that they are even bigger scammers than Sam Bankman-Fried (SBF) in the digital asset space, who is held responsible for the collapse of the FTX estate.
According to Marty Party, FTX purchased SOL at $16.24 per coin and has set the sell wall for themselves at $140, which means that once the digital currency hits the target price, the exchange will be making a profit of $123 per coin.
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