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Metaplex Price Surges as FTX Estate Nears Final Token Sale


by CoinEdition
Metaplex Price Surges as FTX Estate Nears Final Token Sale
  • Major crypto funds purchased 62.6 million Metaplex tokens from the FTX estate in private sales over five months.
  • Metaplex trades at $0.260671 with strong support levels around $0.245, showing a 5.88% increase in the last 24 hours.
  • FTX estate holds only 7.5 million MPLX tokens, scheduled for full unlock by September 19, signaling the end of token sales.

Pantera Capital and ParaFi Capital, two of the leading digital asset fund managers have acquired a significant portion of Metaplex (MPLX) tokens from the FTX estate over the past five months. These 62.6 million tokens represent a large portion of the 72.6 million MPLX tokens initially held by the FTX estate. Currently, only 7.5 million tokens remain, which will unlock on September 19.

Read also: Metaplex Unveils New Game-Changing Features For Solana NFTs

Metaplex, a Solana-based …

The post Metaplex Price Surges as FTX Estate Nears Final Token Sale appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Long-Term Shiba Inu Holders Sell Heavily As Price Hits 3-Week High

Long-Term Shiba Inu Holders Sell Heavily As Price Hits 3-Week High

Shiba Inu’s price has climbed over the past week, sparking short-term optimism among ...
US PPI Data: Inflation Cools Down, But Markets Show Muted Reaction

US PPI Data: Inflation Cools Down, But Markets Show Muted Reaction

Federal observers just released the newest US PPI data, showing more optimistic infla...

Metaplex Price Surges as FTX Estate Nears Final Token Sale


by CoinEdition
Metaplex Price Surges as FTX Estate Nears Final Token Sale
  • Major crypto funds purchased 62.6 million Metaplex tokens from the FTX estate in private sales over five months.
  • Metaplex trades at $0.260671 with strong support levels around $0.245, showing a 5.88% increase in the last 24 hours.
  • FTX estate holds only 7.5 million MPLX tokens, scheduled for full unlock by September 19, signaling the end of token sales.

Pantera Capital and ParaFi Capital, two of the leading digital asset fund managers have acquired a significant portion of Metaplex (MPLX) tokens from the FTX estate over the past five months. These 62.6 million tokens represent a large portion of the 72.6 million MPLX tokens initially held by the FTX estate. Currently, only 7.5 million tokens remain, which will unlock on September 19.

Read also: Metaplex Unveils New Game-Changing Features For Solana NFTs

Metaplex, a Solana-based …

The post Metaplex Price Surges as FTX Estate Nears Final Token Sale appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Long-Term Shiba Inu Holders Sell Heavily As Price Hits 3-Week High

Long-Term Shiba Inu Holders Sell Heavily As Price Hits 3-Week High

Shiba Inu’s price has climbed over the past week, sparking short-term optimism among ...
US PPI Data: Inflation Cools Down, But Markets Show Muted Reaction

US PPI Data: Inflation Cools Down, But Markets Show Muted Reaction

Federal observers just released the newest US PPI data, showing more optimistic infla...