FTX to conduct its third auction to lock up Solana this week

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According to The Block, citing people familiar with the matter, FTX will conduct its third batch of locked Solana auctions this week, and the auction is scheduled to start on May 9. At present, the specific number of tokens in this auction has not been made public. Previously, FTX Estate was selling about 41 million locked Solana, which will be gradually unlocked over the next four years, and its staking rewards will be released according to the vesting schedule.

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