The defunct exchange FTX will unlock 11.16 million SOL tokens, worth over $2 billion, on March 1. These tokens were previously bought and later sold by FTX as part of a bankruptcy process. While there is a possibility of a sell-off, analysts believe the threat is low as some buyers claim they will not sell until they receive a ten-fold return on their investment. However, the upcoming unlock could put more pressure on SOL's price, potentially leading to increased selling pressure. Proper risk management will be crucial for SOL holders and investors in the coming weeks.
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