Alameda Research has unstaked 187,625 Solana (SOL) tokens, valued at approximately $32.2 million, amid bankruptcy proceedings.
This unlock event is part of asset recovery efforts, which are regulated under court-imposed guidelines to prevent market destabilization.
Despite the significant unlock, Solana's price remains stable, indicating resilience and minimal immediate price disturbance.
The broader crypto community has shown little reaction, with ongoing monitoring of the situation as Alameda continues to manage its assets.
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