Alameda Transfers Unstaked Solana Tokens to FTX-Linked Wallets
Alameda Research has unstaked a large amount of Solana tokens, transferring them to multiple FTX-associated addresses. The move has not significantly impacted Solana’s price or demand.
- Alameda distributed unstaked tokens among 38 wallets linked to FTX.
- Historically, Alameda's transfers caused price fluctuations, but this time Solana remained stable.
- Speculation suggests the transfers may be part of FTX's reimbursement efforts.
- FTX began creditor repayments last month and unlocked more Solana tokens earlier this month.
- The broader crypto market is currently experiencing extreme fear and substantial outflows from major assets.
- Market conditions and regulatory decisions are expected to have a greater impact on Solana than these token transfers.