Kraken Forces Liquidation of 7 Delisted Tokens Amid Low Market Liquidity
Kraken will liquidate residual balances of seven delisted tokens over five days starting August 3. The assets in question are PLANCK, AIR, MICHI, FLY, ANLOG, TERM, and STRD.
The exchange disabled trading and deposits for these assets on May 1 as part of a staged wind-down process announced in April.
Kraken warned that liquidation prices may be significantly below recent reference prices due to limited or inactive markets. Insufficient liquidity could result in zero proceeds for some balances.