FTX property stakes 5.5M Solana cash

FTX property appears to be bullish on Solana’s native token SOL (SOL), because it staked over 5.5 million in SOL cash on Oct. 13. In line with on-chain knowledge, an FTX-identified pockets despatched the cash to Figment, a staking validator agency for institutional traders.

The transaction was detected by blockchain tracker Whale Alert and later recognized as an FTX property tackle by pseudonymous on-chain researcher Ashpool. The cash staked value $122 million and signify a small fraction of FTX’s holdings of SOL.

Proceed Studying on Coin Telegraph