The exchange will sell remaining PLANCK, AIR, MICHI, FLY, ANLOG, TERM and STRD balances over five days after withdrawals closed July 31, warning weak liquidity could depress proceeds.
Kraken begins automatically liquidating residual spot balances in seven delisted tokens on Aug. 3, with the process scheduled to run through Aug. 7. The exchange says any remaining PLANCK, AIR, MICHI, FLY, ANLOG, TERM or STRD on the platform will be sold under its published delisting timetable after withdrawals for affected clients closed at 14:00 UTC on July 31. Kraken describes the action as a disposal of leftover spot holdings, not a margin event, and says prices will be based on prevailing market conditions. It warned that some of the assets have limited or inactive markets, which could leave liquidation prices well below recent reference levels and, in some cases, produce little or no proceeds. The delisting notice was published in April as part of a staged wind-down that first disabled trading and deposits at 14:00 UTC on May 1, then closed withdrawals three months later. Kraken has not said where the sales will be executed, how assets or accounts will be sequenced, or whether fees and spreads will apply.