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

FTX's asset disposal party is finalizing the second round of auction for locked Solana (SOL) tokens, with a transaction price of around $100. Following the large-scale auction in March, this auction involves 1.8 million SOL tokens (about $232 million). It is reported that the successful bid price is between $95 and $110 per token, which is about 15% to 26% cheaper than the spot price. Galaxy Trading has once again raised funds from investors to participate in bidding for FTX's locked SOL. Pantera Capital also purchased more locked SOL in the latest round of auctions. The winning locked tokens must follow a 4-year unlocking period. The next round of auctions will begin on May 1st.