FTX and Alameda Research Unstake 187,600 Solana Tokens Worth $32.4 Million, Retain 5.2M SOL Valued Over $900 Million
By: defi news|2025/05/12 18:15:05
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FTX and Alameda Research have recently unstaked approximately 187,600 Solana (SOL) tokens, valued at around $32.4 million, from their staking account. This move was recorded on May 12, 2025, with no subsequent transfers reported immediately after. Despite this withdrawal, the wallet still holds a substantial amount of SOL, with estimates ranging from 3.37 million to 5.2 million tokens, valued at over $900 million. Previous activity included a similar unstaking event last month involving about 186,236 SOL worth approximately $21.56 million, which were deposited into Coinbase. Another recent unstaking involved 103,040.6 SOL valued at $17.7 million after a month of inactivity. The continued large holdings and periodic unstaking by FTX/Alameda Research have drawn attention within the cryptocurrency community.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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