FTX Solana Dumpage Impact (Patreon)
Published:
2023-09-03 15:55:05
Imported:
2023-09
Content
Lots of concern about FTX SOL dumpage via galaxy - per this great chart above it looks like selling pressure will be minimal compared to other tokens (avg inflation for top 500 Cryptos is North of 12.75% and you can see from this analysis - the additional basis points of sell pressure over 2023 and 2024 are minimal at ie 112 or 1.12% in 2023 and 218 or 2.18% in 2024.
Note the total position is 53.5M $SOL for Alameda/FTX
H/t to 88mph in the community :D