FTX/Alameda unstaked and sent 3.03M SOL ($432.5M)

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Mar 03, 23:17

SOC Team

FTX/Alameda unstaked and sent 3.03M SOL ($432.5M)

Outflow

Related addresses

FTX: SOL staking wallet H4yiP

Total tokens transferred

3.032M

SOL

FTX/Alameda just unstaked and sent 3.032M SOL ($432.5M) to 37 wallet addresses, likely for upcoming deposits to Coinbase and Binance:

FTX's SOL staking wallet address: H4yiPhdSsmSMJTznXzmZvdqWuhxDRzzkoQMEWXZ6agFZ

This is FTX/Alameda’s largest unstake since November 2023 and likely part of the 11.2M SOL (~$1.5B) set to be unlocked in early March.

Since November 2023, FTX/Alameda has unstaked and offloaded 7.83M SOL ($986M) to Coinbase and Binance at an average price of $125.8.

Fig 1. FTX/Alameda Research's SOL unstaking history since November 2023.

#solana

#ftx

#unstake

#deposit

#alameda

#massive

#bankrupt estate

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FTX/Alameda unstaked and sent 3.03M SOL ($432.5M)

Last synced: Mar 04, 01:31

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