Bloomberg:

Sources: FTX's estate sold 25M to 30M locked-up SOL coins for $64 apiece, a deeply discounted price, to Galaxy Trading, Pantera, and others, raising up to $1.9B  —  - Galaxy raised $620 million fund to buy discounted SOL from FTX  — Sales were done at big discount to SOL's current market price

Bloomberg:

Sources: FTX's estate sold 25M to 30M locked-up SOL coins for $64 apiece, a deeply discounted price, to Galaxy Trading, Pantera, and others, raising up to $1.9B  —  - Galaxy raised $620 million fund to buy discounted SOL from FTX  — Sales were done at big discount to SOL's current market price

Source: TechMeme
Source Link: http://www.techmeme.com/240405/p9#a240405p9