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FTX and Alameda Unstake 195,669 SOL Worth $27.98 Million

FTX and Alameda Unstake 195,669 SOL Worth $27.98 Million

Onchain Lens data shows the withdrawal occurred around seven hours ago on January 13, marking significant Solana movement from the bankrupt crypto firms.

SOL

Summary

FTX and Alameda Research have unstaked 195,669 Solana (SOL) tokens, valued at approximately $27.98 million, based on Onchain Lens monitoring. The transaction occurred roughly seven hours prior to the report on January 13, 2025, highlighting notable movement from the firms' Solana staking positions.

Terms & Concepts
  • Staking: The process of locking cryptocurrency tokens to support network operations and earn rewards.
  • Solana (SOL): A high-performance blockchain known for fast transaction speeds and low fees.
  • Onchain Lens: A blockchain analytics tool used to track real-time token movements and wallet activity.