FTX plans to sell $100 million in crypto every week to pay down debt

FTX plans to sell approximately $100 million in cryptocurrency every week. This plan has not yet been finalized as the SEC or other regulatory agencies may intervene. FTX currently holds approximately 10% of SOL’s total supply, worth over $3.3 billion. In addition, it also holds BTC worth $742 million, ETH worth about $226 million, APT worth about $180 million, and XRP worth about $143 million. (Finbold)