Alameda Research unstaked 194,861 SOL, valued at $25.5M, in a court-supervised, scheduled liquidations.
- Alameda unstakes 194,861 SOL valued at $25.5M in regular liquidation.
- The monthly action follows court-supervised directives.
- Remaining assets include multi-million SOL stakes.
Alameda (FTX) has unstaked 194,861 SOL worth $25.5 million as part of a routine monthly release under bankruptcy proceedings, impacting Solana holdings.
This action reflects FTX’s continued asset liquidation under court supervision, affecting Solana’s market by introducing a predictable sell-side flow, with significant holdings still staked.
Alameda Research has unstaked 194,861 SOL, amounting to $25.5M, as part of a court-supervised liquidation operating within the FTX bankruptcy estate.
This action forms part of a regular monthly liquidation schedule, aiming to manage creditor repayments without disrupting market stability.
Alameda’s Strategic $25.5M Solana Unstake
As part of its ongoing liquidation process, Alameda Research, now under U.S. court supervision, has unstaked 194,861 SOL. This move, valued at $25.5M, aligns with their monthly schedule.
The FTX bankruptcy estate is managing remaining Solana holdings, following scheduled liquidations. This operational change comes after the 2022 bankruptcy filing and the court’s ongoing asset management efforts.
Predictable Impact Aids Investor Confidence in Solana
“The transfers occur in the context of ‘court-supervised liquidation … selling off the estate’s assets to repay the firm’s list of creditors,’” said Alex Thorn, Head of Firmwide Research, Galaxy Digital.
The immediate market impact is minimal due to the predictable monthly schedule. Investor confidence in Solana continues to recover following the FTX collapse.
The liquidation reiterates the commitment to repay creditors through a measured process. Solana’s market recuperation persists with the gradual unlocking of SOL tokens.
March 2025: A Benchmark for Solana Unstaking
Compared to similar past events, March 2025 recorded a major 3.03M SOL unstake, underscoring the predictable nature of these releases. The estate maintains a structured approach.
Outcomes indicate reduced overhang risk for Solana as the estate systematically liquidates assets. Historical trends suggest predictable sell-side flow contributes to market stability.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
