Alameda Research Unstakes $17M in Solana for Creditor Repayments
- Alameda Research unstaked over 197,000 Solana (SOL) valued at $17 million, transferring it to its bankruptcy account.
- The firm held approximately 5 million SOL worth over $750 million as of July 2025, with much of it staked.
- Post-unstaking, Alameda maintains 3.5 million SOL valued at $326 million at current market prices.
- Alameda Research was closely affiliated with FTX, which collapsed in November 2022.
- Solana holdings are a significant portion of the estate’s recoverable value; SOL traded at $87, up 2% recently but down about 70% from its record high of $293.
Trading Analysis
Trading Signal: NEUTRAL (Score: +1)
The recent transfer of SOL by Alameda has not significantly impacted the market price.
Price Levels:
Current: $87
Support: Not specified | Resistance: Not specified
24h/Recent Range: Not specified
Catalysts & Timeline:
• Near-term: Ongoing creditor repayments
The recent transfer of Solana by Alameda Research is part of ongoing efforts to repay creditors following the FTX collapse. The current trading outlook for SOL remains neutral despite a slight price recovery to $87.
Source (3.2)https://cryptobriefing.com/alameda-research-unstaking-solana/?rand=59535
