On March 1, 11.2 million SOL tokens worth around $2.06 billion will be unlocked from the FTX bankruptcy auction, marking the final stage of FTX's liquidation of its SOL holdings. Previously, Galaxy Digital, Pantera Capital, and Figure were the top buyers in the auctions, with returns of 187%, 93%, and 80% respectively. The unlocking of the SOL tokens raises concerns about potential sell-offs and price volatility. However, analysts believe the risk is low as many investors plan to hold for long-term gains. Solana's price has recently dropped and is currently testing the $180 support level. Investors are advised to monitor the situation carefully and manage risks.



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