Founder of Whales Market: Refunds for over-raised portion will be available soon
According to BlockBeats news, on March 19, Whales Market founder dexter issued an article saying that refunds for part of the funds that exceeded the fundraising limit will soon begin to be issued, and the remaining funds will be transferred to Binance and partially exchanged for stable coins to avoid significant SOL depreciation. . This is a lot of money, so it will be distributed wisely so as not to let down those who put their trust in the project.
Previously, dexter deposited approximately 159,802 SOL, worth $27.8 million, into its Binance address. The funds came from the AI concept project fundraising launched on the Solana chain yesterday. In the first half hour, more than 155,000 SOLs had been raised. At that time, the value exceeded US$32 million and the hard cap exceeded US$30 million.