Post
Topic
Board Altcoin Discussion
Re: The implications of FTX's multi-billion crypto sell-off...
by
blockman
on 13/09/2023, 17:02:41 UTC
Could this possibly have a major impact on the crypto market? I personally don't think so because of the $100-$200M selling limit per week.
If we're talking about dumping billions in assets then for sure that there's an impact on the market. But if there's a selling limit like how much in a week, maybe not that much. I was thinking of a single blow sale that they'll do.

Also, FTX's Solana exposure is vested, meaning they won't be able to access those tokens until 2028. But, as we all know, anything is possible in crypto! Let's see how the market reacts.
Can't that be altered? as long as they've got that interest of dumping it then for sure that there's a way for them to remove that locked in period for that asset.