$SOL Three hours ago, FTX/Alameda unstaked 190,821 $SOL, valued at $35.43 million
They still hold a massive 4,344,676 $SOL, worth $797.25 million, in staking, with SOL trading at around $183.50
This move, likely tied to their ongoing bankruptcy proceedings, could signal liquidity needs or portfolio rebalancing, especially after their $12.7 billion settlement with the CFTC. The unstaked $SOL hasn’t hit exchanges yet, suggesting a cautious approach rather than an immediate sell-off.
What’s your take—is FTX/Alameda prepping for a strategic $SOL move, or just managing funds to meet bankruptcy obligations?