Telegram (AI) YouTube Facebook X
Ру

FTX and Alameda Wallets Unstake $23 Million in SOL

Wallets associated with the bankrupt FTX and Alameda have unstaked 185,000 SOL, valued at $22.89 million, according to the analytics service EmberCN.

The funds were distributed across 38 addresses, from which transfers to Coinbase and Binance typically follow, experts noted.

Since November 2023, administrators of FTX and Alameda have withdrawn a total of 7.845 million SOL, valued at over $1 billion. The average price of the coins was $128.

SOLUSD_2025-03-13_11-18-19_cr
Weekly BTC/SOL chart on Binance. Data: TradingView.

According to Lookonchain, one of the largest unlocks, amounting to 3.03 million tokens worth $431 million, occurred in early March 2025.

The staking addresses of both companies hold 5.5 million SOL, valued at approximately $694 million at current rates.

In May 2024, FTX liquidators completed a series of auctions selling locked SOL worth $2.6 billion at significant discounts to market price. During the auctions, Figure Markets acquired a lot of 800,000 tokens at ~$108. At that time, the asset was trading near $167.

FTX creditors expressed disagreement with the sale of coins at a discount, starting from the first auction in April. The sales volume then amounted to ~$1.9 billion, with a discount reaching 62%.

In February, FTX creditors with assets up to $50,000 began receiving initial payments. According to the compensation plan, about 98% of exchange users will be reimbursed at least 118% of their claims in fiat at the rate at the time of the bankruptcy filing.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK