FTX/Alameda redeems and transfers 185,000 SOL amidst $1B in staking operations.
Solana's price may suffer from a selloff risk as Alameda unstaked $23 million in SOL, hinting at potential market impact.
The recent unstaking of 3 million SOL tokens caused a 15.13% price drop, despite a prior 24% surge.
Solana surged to $180 after Trump's endorsement for Strategic Reserve but fell 20% to $140 due to exchange inflows.
FTX/Alameda unstaked 3.03 million Solana (SOL) tokens, valued at $432.5M, sending them to exchanges like Coinbase and Binance, pressuring SOL prices.
FTX/Alameda wallet receives 3.03 million SOL valued at $430 million, according to Arkham data.
LayerZero has reached a settlement with the FTX estate over a dispute regarding shares sold by Alameda to write off a $45 million loan.
FTX/Alameda redeems and transfers millions of Solana tokens from staking addresses, raising eyebrows in the crypto community.
FTX and Alameda execute a significant SOL redemption, totaling 182,421 SOL worth $32.35 million.
Backpack Exchange now owns FTX EU, aiming to handle bankruptcy claims distribution for FTX EU users.
FTX/Alameda sold off nearly all of its WLD, initially worth around 25 million, now down to 334,000 valued at $800K. Major transactions were executed recently.
Shiba Inu (SHIB) has surged to a 9-month high, propelled by long-term holder support and recent government attention. The MVRV metric indicates strong backing, suggesting a sustained upward trend. While SHIB's price increase continues, key resistance levels remain hurdles for further growth.
Mantle intends to repurchase 100 million BIT from FTX/Alameda through an OTC deal, facilitated by Mirana Ventures.
The US government moved $33.6 million in Ethereum, SHIB, and other altcoins from FTX Alameda wallets.
The US government transferred 54.89 billion SHIB and $18.17 million in ETH from FTX/Alameda funds, as reported by Arkham monitoring through COINOTAG News.
FTX and Alameda have undelegated around 4 million SOL, worth $8.6 billion, amidst ongoing market activities.
FTX/Alameda has redeemed 179,800 SOL amid strategic staking movements, signaling significant activity in the cryptocurrency landscape.
Sam Trabucco, ex-Alameda co-CEO, will transfer two San Francisco apartments and a yacht to FTX creditors to settle his debts.
Former Alameda co-CEO Sam Trabucco will hand over assets, including a yacht and San Francisco apartments, to FTX creditors following a settlement agreement.
Former Alameda Co-CEO Sam Trabucco will forfeit $70M, a yacht, and apartments to FTX creditors.
A lawsuit claims that Humpy the Whale was responsible for $1 billion in losses for FTX and Alameda. Additionally, the suit links him to organized crime and terrorist groups in Eastern Europe.
The US government activates a controlled crypto wallet to exchange ANT tokens for Ethereum, planning a crypto phaseout.
FTX/Alameda's wallet recently exchanged Solana valued at $28 million.
FTX/Alameda moved 178,631 SOL, valued at $28 million, continuing their monthly pattern. Analysts anticipate these funds will be distributed to several addresses, with major exchanges like Coinbase and Binance being likely destinations.
Solana faces potential price decline due to FTX/Alameda's redemption of 178,631 SOL tokens, possibly leading to a 15% correction. While Solana shows current bullish momentum, selling pressure from FTX's liquidation could impact its valuation.
Bankrupt institutions Three Arrows Capital and Alameda continue to sell unlocked WLD tokens as unveiled by data analyst Yu Jin.
FTX/Alameda has unstaked over $1 billion in Solana, raising concerns about potential market impact on SOL's price, despite its current resilience.
