#SummerOfSolana? Solana Asset Liquidation Continues: $45 Million from Staking to the Market

🔬 According to EmberCN data and Solscan analysis, the FTX and Alameda estate withdrew 192,000 SOL from staking operations worth approximately $44.9 million, as part of a monthly liquidation schedule ongoing since November 2023.

📊 Key Figures:

- Total withdrawn: 8.98 million SOL (~$1.2 billion)

- Average price: $134 per SOL

- Remaining balance in staking: 4.18 million SOL (~$977 million)

- Current SOL price: $234.27 (+4.3% over 24 hours)

- The regular liquidation indicates an organized management of bankrupt assets, with limited impact on price due to phased distribution

- Continued staking despite liquidation reflects a desire to maintain returns until the moment of sale

- The rise in SOL price despite the withdrawal reflects market confidence in the network, especially with the growing institutional narrative

$SOL