A year ago, FTX sold their last SOL tokens, valued at $2.6 billion, for $102 per token — a steal when compared to SOL’s current market price of $175. The unlock this year was for 2.2% of supply. At one point, FTX owned 10% of the $SOL supply. SOL performed like a memecoin with an active dev with 10% supply, he's finally out. Institutions are buying retail bags finally.
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