Amid the bankruptcy proceedings of crypto exchange FTX, the market is in a state of heightened anxiety, and Solana (SOL) in particular saw a 7% drop in price yesterday following the spread of rumors. FTX is scheduled to appear in Delaware Bankruptcy Court on Wednesday, September 13, to seek approval for the liquidation of $3.4 billion in SOL, FTT, BTC, ETH and other crypto assets. The event has led to widespread concerns among market analysts and participants, who speculate that the liquidation could exert significant selling pressure on an already fragile market. As of January 17, FTX’s crypto holdings were estimated to include $685 million in Solana (SOL) tokens, $529 million in FTT tokens, $268 million in Bitcoin (BTC), $90 million in Ethereum (ETH), and various other assets such as Aptos, Dogecoin, Polygon, XRP, and stablecoins. The Solana Situation Solana, which represents FTX’s largest holding, experienced a sharp decline in its price yesterday. This can be largely attributed to the rumors circulating on crypto Twitter (X) suggesting a massive dump of SOL by FTX. But, as it turns out, this rumor lack ..
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 Price Plunges On FTX Rumors, Buy Or Sell Now?){kind=link}