You are currently viewing Of SOL and ETH’s future amidst FTX’s $350 mln move

Of SOL and ETH’s future amidst FTX’s $350 mln move

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ETH worth $200 million and SOL worth $30 million have been sold by FTX.
ETH and SOL have maintained their bull runs despite the sales.

FTX has continued to move assets to exchanges for sale, according to reports. Naturally, Solana [SOL] has been receiving increased attention with each sale. Similarly, the defunct exchange has been making other assets available for sale.
How have these developments impacted the price trends of Solana and Ethereum [ETH] , which are the most significant assets connected to FTX? 
FTX sales hits $350 million
An analysis of FTX transactions on Spot On Chain revealed that the exchange had moved more than $350 million in cryptocurrency assets. A breakdown of the volume of assets transferred thus far indicated that Solana and Ethereum had seen the highest trading volumes.


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