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Solana Unstaking FTX Alameda Settles Debts

FTX and Alameda Unstake $23 Million in Solana for Creditor Repayments

  • FTX and Alameda Research unstaked and transferred 185,345 SOL, valued at $22.9 million, to 38 wallets.
  • The recipient wallets collectively hold approximately $178.82 million in SOL.
  • Since November, FTX has unstaked about 8.019 million SOL, valued at nearly $1 billion.
  • A large portion of these assets was liquidated through Coinbase and Binance at an average price of $125.8 per token.
  • FTX still holds 5.5 million SOL, estimated to be worth $693.8 million.

Recently, FTX and Alameda Research moved $22.9 million in Solana as part of their ongoing efforts to repay creditors following the exchange’s collapse.

Source (2.6.1)https://cryptoslate.com/ftx-and-alameda-unstakes-23-million-worth-of-solanas-sol-amid-efforts-to-settle-creditor-debts/?rand=24433
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