Defunct crypto trade FTX’s sister firm, Alameda Analysis, simply unstaked 198,425 SOL value round $16 million and moved it to an FTX creditor distribution pockets.
The switch is a part of the continuing $12.7 billion reimbursement plan, and with $5.1 billion nonetheless owed.
198K SOL Unstaked and Despatched to FTX Pockets
In response to on-chain information tracked by Arkham Intelligence, Alameda Analysis’s staking account transferred roughly 198,425 SOL, valued at round $16.18 million, to an FTX-linked chapter pockets.Â
Regardless of this switch, Alameda nonetheless holds round 3.57 million SOL, valued at over $293 million.
This isn’t the primary time Alameda has unstaked giant quantities of Solana. Earlier in March 2026, Alameda unstaked $17 million value of SOL as a part of the identical reimbursement course of.Â
All this switch is part of ongoing funds to collectors after one among crypto’s greatest collapses. In the meantime, a New York courtroom ordered FTX and Alameda to repay $12.7 billion, of which $7.6 billion has been paid up to now, with about $5.1 billion remaining.
Will Solana Token Value Dip, Following Alameda Unstaked
The chapter staff will not be promoting every little thing without delay. As an alternative, they’re splitting the entire quantity into smaller elements and transferring them by completely different wallets. This helps keep away from a sudden crash in SOL value and protects the worth for collectors.
Even with this cautious strategy, SOL is down about 1% within the final 24 hours, buying and selling close to $81.93.Â
Up to now, every giant unlock precipitated a short-term drop of round 3%–5% as merchants anticipated extra promoting.
With billions nonetheless to get well and month-to-month transfers persevering with, Alameda’s SOL pockets will stay one of the watched addresses in crypto till the ultimate creditor is made entire.
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