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. 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.
This will certainly have a huge impact, especially for Solana. Big sales mean there will be dumps. It will be a challenge for Solana to survive all these dumps. But the market will certainly move. It's a shame because I think Solana is one of the best when it comes to fast and smooth chain linking.