FTX Sends Fresh $10 Million in Solana to 30 wallets
BeInCrypto
6days ago
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Defunct crypto firms FTX and Alameda Research have moved $10.3 million worth of Solana (SOL) to 30 blockchain addresses, continuing their methodical liquidation of digital assets.
The transfer, carried out on June 13, was flagged by on-chain analytics platform Arkham Intelligence.
FTX Shifted Over $1 Billion in Staked Solana Since November 2023
Blockchain researcher EmberCN confirmedthe activity and noted that the firms had recently unstaked 188,000 SOL, worth around $31.5 million. A portion of those tokens has already been redirected to the new addresses.
Meanwhile, these transfers follow a consistent pattern observed since November 2023, where both entities have routinely offloaded large volumes of SOL.
Since then, EmberCN noted that the bankrupt firms have moved over 8.4 million SOL, amounting to more than $1.09 billion.
[FTX/Alameda Staked Solana Transactions]FTX/Alameda Staked Solana Transactions (Source: X/EmberCN)
Most of these tokens reportedly moved at an average price of $130 and were often routed