After FTX’s balance sheet problems were acquired by Binance, FTX token (FTT), Serum (SRM) and Solana (SOL) suffered serious losses. A Solana (SOL) whale faces massive liquidation.
Despite the general decline in the crypto money market, cryptocurrencies related to the crisis were affected quite a lot. FTX’s native token FTT 24 hour in the period 76% Serum while experiencing decline (SRM) 41.3% wither (LEFT) if 36.8% experienced a decline.
This FTX-linked drop has made many crypto investors, especially futures traders Impressed. There is a large amount of SOL investments and 2.45 million showing one as collateral Whale borrowing 44 million 850 thousand USDCdue to the decline SOL is at risk of losing assets exists.
Although Solana has no affiliation with FTX, she has been with FTX CEO Sam Bankman-Fried (SBF) for a long time. has been remembered. SBF, a Solana investor, has been around for a long time. He supported Solana. Moreover Riyad Carey, an analyst at crypto analytics firm Kaiko, claimed that “the massive amount of SOL held by Alameda could be sold in the worst case scenario.” Previously on Alameda’s balance sheet $292 million unlocked, $860 million if locked LEFT was stated.
For this reason, it is thought that the SOL price may have experienced a serious decrease.
SRM, the native token of a decentralized cryptocurrency exchange in the Solana ecosystem, is the cryptocurrency that is highly affected by this situation. units is among. of the highest level below 97% Traded SRM is the most valuable according to CoinGecko’s ranking 178. cryptocurrency is located as.