Overview
- Alameda Research unstaked 198,425 SOL and sent it to an FTX bankruptcy wallet Monday, a roughly $16 million move tracked on‑chain by Arkham Intelligence.
- Unstaking lifts tokens out of Solana’s lockup so the estate can move or sell them to raise cash for creditor payments.
- Arkham links the receiving address to creditor distributions, repeating a monthly pattern that included a similar transfer about a month earlier.
- Despite regular releases, the estate still holds about 3.5 million SOL valued near $294 million, according to Arkham’s estimates.
- Solana’s price hovered around the low $80s after the transfer, suggesting little immediate market reaction to the latest batch.