medium_8.jpg
FTX/Alameda Unstaking Over $1B in SOL: What’s Behind the Move?

FTX/Alameda has begun unstaking over $1 billion worth of Solana ($SOL) from its holdings, sparking speculation about the firm's future plans. With 530K SOL already withdrawn over the past three months and 7.06 million SOL still staked, the crypto community is closely monitoring the situation. The ongoing unstaking trend raises questions about whether the funds will be liquidated or redeployed, potentially impacting both Solana’s staking network and market sentiment.

2024-09-17Read
  • 1