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SOL has risen so much, how much can FTX sell for?

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BlockBeats, with the support of data from 0xScope, counted FTX’s main currency holding addresses on Bitcoin, Ethereum and Solana.

Thank you 0xScope for providing data support.


According to recent court documents, FTX is seeking court approval to propose compensating customers with an estimated value of 16,871 USD per BTC, 1,258 USD per ETH, and 16 USD per SOL. This move has drawn strong criticism from FTX creditors, who describe it as another form of theft and urge people to oppose the plan.


FTX debtor argues that this valuation reflects the "fair and reasonable" price of these cryptocurrencies. This is crucial to prevent any obstacles in the bankruptcy proceedings and adds that "it is impractical and unnecessary to liquidate each individual claim for digital assets, and it will unnecessarily delay the Chapter 11 case." In addition, FTX estimates the compensation price of AVAX to be $14.19 per coin, while stablecoins USDT, TUSD, and BUSD are slightly lower than their $1 anchor price.


FTX creditors are advised to write to the judge in charge of the bankruptcy case if they wish to oppose the motion. Simon Dixon, CEO of BnkToTheFuture, stated that FTX clients "should strongly resist this motion." Clients who disagree with the motion will have time to oppose the plan until January 11, 2024.


So, how much is the value of the cryptocurrency assets currently held by FTX? Can users be compensated at current market prices, or what impact will it have on future trends? With the help of 0xScope's data, BlockBeats has compiled FTX's main holding addresses on the Bitcoin, Ethereum, and Solana networks.


Bitcoin Network


According to the data, FTX's 5 Bitcoin addresses collectively hold 7,905.694 BTC, worth $335,825,239.43 USD. The detailed addresses and token distribution are as follows:


Address 1: 325gSHHe7UGvzEc9kGx43VqPboXUVwa26i (26.575 BTC)


Address 2: bc1qcugqfevdwetwvec3wlwvgyfu2qpnmphz7q86x7rj2w0tgq2v4r4shlcmmw (69.999 BTC)


Address 3: 3MEvU6bj6kCfYo8P4F94xzBiYsnM6PMBjQ (7000 BTC)


Address 4: bc1q7hk730wsrrkkrh0x74u50un9schxvaqgf72v598j3sn6kjyaz57q8ys4k2 (508.522 BTC)

Translation: Address 4: bc1q7hk730wsrrkkrh0x74u50un9schxvaqgf72v598j3sn6kjyaz57q8ys4k2 (508.522 BTC)


Address 5: bc1qge693eh09hs434v9nf7lfg2glfjmcnsqkff0wqll97525s7a87dsh2kjxn (301.598 BTC)


Ethereum Address


According to the data, FTX's six Ethereum addresses collectively hold $1.292 billion worth of encrypted assets. The detailed asset inventory (sorted by US dollar value, only listing assets worth more than $10 million) is as follows:


·约2.66亿枚FTT,价值约8.35亿美元。


· About 25 million WLD, worth approximately $89 million.


· 21,980.32 ETH, worth about $51.88 million.


· 144 million BOBA, worth approximately $37.03 million.


· 14,569.83 WETH, worth approximately $34.33 million.


· 9643.04 pieces of XAUt, worth approximately 19.94 million US dollars.


· 387.1 WBTC, worth approximately $16.53 million.


· About 3.165 million GT, worth approximately $16.39 million.


·约 716.3 million TONCOIN (TON) tokens, worth approximately $15.9 million.


· About 3.452 million LEO, worth approximately $13.67 million.


·约1691.2 million TOMOE, worth $13.67 million.


· About 11.38 million EURT, worth approximately 12.522 million US dollars.


· About 83.39 million HXRO, worth approximately 11.32 million US dollars.


Click here to go to Scopescan to view the complete form


Solana Network


According to the data, the 4 Solana network addresses of FTX hold a total of 391,100 SOL, worth $42.232 million, and the total value of the SPL tokens held is $2.323 billion. The detailed addresses and token distribution are as follows:








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