[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  TheUndefinedMystic [@pennycheck](/creator/twitter/pennycheck) on x 31.8K followers Created: 2025-07-17 14:48:04 UTC $GLXY Nugget #16 This is one of my favorites.... When sentiment of crypto was at historic lows @novogratz went all in $SOL. Galaxy secured this lion’s share of SOL at fire‑sale prices in the FTX bankruptcy auction. When FTX unwound its locked SOL holdings, it offloaded between XX million and XX million SOL at just $XX per token—well below prevailing market rates at the time. Galaxy was among the first buyers, scooping up an estimated XXXXXXXXX SOL (valued around $XXX billion) at that steep discount DeFi Planet. This bulk acquisition not only filled out Galaxy’s validator balance but did so at a price point that would have taken much longer—and cost much more—on the open market, cementing their status as Solana’s largest and most cost‑effective validator. XXXXX engagements  **Related Topics** [rates](/topic/rates) [auction](/topic/auction) [sol](/topic/sol) [$sol](/topic/$sol) [Sentiment](/topic/sentiment) [$glxy](/topic/$glxy) [galaxy digital](/topic/galaxy-digital) [stocks financial services](/topic/stocks-financial-services) [Post Link](https://x.com/pennycheck/status/1945858045495415227)
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TheUndefinedMystic @pennycheck on x 31.8K followers
Created: 2025-07-17 14:48:04 UTC
$GLXY Nugget #16 This is one of my favorites.... When sentiment of crypto was at historic lows @novogratz went all in $SOL.
Galaxy secured this lion’s share of SOL at fire‑sale prices in the FTX bankruptcy auction. When FTX unwound its locked SOL holdings, it offloaded between XX million and XX million SOL at just $XX per token—well below prevailing market rates at the time. Galaxy was among the first buyers, scooping up an estimated XXXXXXXXX SOL (valued around $XXX billion) at that steep discount DeFi Planet.
This bulk acquisition not only filled out Galaxy’s validator balance but did so at a price point that would have taken much longer—and cost much more—on the open market, cementing their status as Solana’s largest and most cost‑effective validator.
XXXXX engagements
Related Topics rates auction sol $sol Sentiment $glxy galaxy digital stocks financial services
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