{"id":632623,"date":"2025-03-04T12:22:51","date_gmt":"2025-03-04T12:22:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=632623"},"modified":"2025-03-04T12:22:51","modified_gmt":"2025-03-04T12:22:51","slug":"ftx-and-alameda-unstake-431-million-in-sol-in-largest-unlock-since-2023","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ftx-and-alameda-unstake-431-million-in-sol-in-largest-unlock-since-2023","title":{"rendered":"FTX And Alameda Unstake $431 Million In SOL In Largest Unlock Since 2023"},"content":{"rendered":"
Crypto wallets linked to the now-defunct crypto exchange FTX and the bankrupt trading firm Alameda Research have unstaked over 3 million Solana tokens, which is the largest SOL unlock since the company started selling its tokens back in November 2023.<\/span><\/p>\n Blockchain analytics firm Lookonchain noted the unstaking activity by Alameda and FTX in an X <\/span>post<\/span><\/a> earlier today. At the time of the SOL unlocks, the tokens were valued at approximately $431 million.<\/span><\/p>\n After unlocking the tokens, the two firms then sent the SOL to Binance, which is the largest exchange in the crypto space in terms of 24-hour trading volume. On-chain data shared by Lookonchain shows the companies sent 25,000 SOL, worth around $3.3 million at the time, to the platform.<\/span><\/p>\n Of the 3.03M $SOL<\/a>($431.3M) unstaked by FTX\/Alameda today, 24,799 $SOL<\/a>($3.38M) has been deposited to #Binance<\/a>.https:\/\/t.co\/D4j4l4yNuF<\/a>https:\/\/t.co\/uLkjQFwVId<\/a> pic.twitter.com\/ig2Jl2CcXl<\/a><\/p>\n — Lookonchain (@lookonchain) March 4, 2025<\/a><\/p><\/blockquote>\n<\/p>\n
FTX And Alameda Move Thousands Of SOL To Binance<\/span><\/h2>\n
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