FTX's second round of locked SOL auction ends, with the transaction price at around $100

According to BlockBeats, on April 30, The Block cited multiple sources as saying that FTX's asset disposal party is finalizing the second round of auctions for locked Solana (SOL) tokens, with a transaction price of around $100. Following the first large-scale auction in March, this auction involved 1.8 million SOL (about $232 million). It is reported that the price of successful bids ranged from $95 to $110 per token, which is about 15% to 26% discount to the spot price. Galaxy Trading once again raised funds from investors to bid for locked SOL held by FTX. Pantera Capital also bought more locked SOL in the latest round of auctions. The winning locked tokens are subject to a 4-year unlocking period. The next round of auctions will begin on May 1.