FTX and Alameda Research Unstake 187,600 Solana Tokens Worth $32.4 Million, Retain 5.2M SOL Valued Over $900 Million

FTX and Alameda Research have recently unstaked approximately 187,600 Solana (SOL) tokens, valued at around $32.4 million, from their staking account. This move was recorded on May 12, 2025, with no subsequent transfers reported immediately after. Despite this withdrawal, the wallet still holds a substantial amount of SOL, with estimates ranging from 3.37 million to 5.2 million tokens, valued at over $900 million. Previous activity included a similar unstaking event last month involving about 186,236 SOL worth approximately $21.56 million, which were deposited into Coinbase. Another recent unstaking involved 103,040.6 SOL valued at $17.7 million after a month of inactivity. The continued large holdings and periodic unstaking by FTX/Alameda Research have drawn attention within the cryptocurrency community. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant