FTX, Alameda Research-linked addresses unstake 202,710 SOL

  • FTX and Alameda Research-linked addresses unstaked 202,710 SOL.
  • The transferred SOL was worth about $20.62 million at current prices.
  • Onchain Lens said the tokens moved to wallets linked to bankruptcy proceedings on Sept. 12.

Bankrupt FTX and Alameda Research-linked addresses unstaked 202,710 SOL and transferred the tokens to wallets linked to the bankruptcy proceedings. The holdings were worth about $20.62 million at current prices, Onchain Lens said on Sept. 12. The earlier report described the destination as a bankruptcy estate staking wallet. Staking involves locking tokens to support network operations and potentially earn rewards.

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