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​​FTX Sell Off Potential Victims

FTX liquidators are expected to sell billions of dollars worth of tokens.. Delve into which tokens may be affected and what to expect.

FTX

Sep, 11, 2023

< 1 min read

by CryptoRank

FTX liquidators are planning to sell its cryptocurrency reserves after receiving court approval, which is expected on Sep 13. The estimated worth of FTX's crypto holdings is nearly $3.4 billion, consisting of SOL, FTT, BTC, ETH, APT, DOGE, and others.

Here are some projects that have received investments from Alameda Research and FTX Ventures and may be impacted by the potential sell-off.

Note that FTX will be unable to sell all of its tokens at once, as they are locked according to various vesting schedules. For instance, SOL tokens cannot be sold until 2025, according to the linear vesting schedule.

Disclaimer: This post was independently created by the author(s) for general informational purposes and does not necessarily reflect the views of ChainRank Analytics OÜ. The author(s) may hold cryptocurrencies mentioned in this report. This post is not investment advice. Conduct your own research and consult an independent financial, tax, or legal advisor before making any investment decisions. The information here does not constitute an offer or solicitation to buy or sell any financial instrument or participate in any trading strategy. Past performance is no guarantee of future results. Without the prior written consent of CryptoRank, no part of this report may be copied, photocopied, reproduced or redistributed in any form or by any means.

In This Insight

Coins

Aptos

APT

$ 4.86

-0.27%

Bitcoin

BTC

$ 83,391

-0.61%

Ethereum

ETH

$ 1,807

-0.56%

FTX Token

FTT

$ 1.02

+0.03%

Solana

SOL

$ 119.84

-1.20%

Funds

Alameda Research

FTX Ventures

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