Key Takeaways
- Alameda Research relocated a portion of its Solana to repay individuals. This is part of a larger scheme to reimburse funds following FTX’s failure.
- Although a substantial sum has already been paid, some funds remain. Millions of SOL tokens are still in Alameda’s possession.
- The group doesn’t sell everything at once. They are slowly moving small pieces. This contributes to the stability of the price. The price of SOL remained strong, hovering at about $82. However, historical evidence indicates that when tokens unlock, prices may somewhat decline.
- People are keeping a careful eye on it. The market may shift in the future. Calm things might be maintained by taking slow moves.
Traders are watching closely… but are they ready for Alameda’s next move? Alameda Research, the sister firm of the now-defunct cryptocurrency exchange FTX, recently unstaked 198,425 SOL, or around $16 million, and sent it to an FTX creditor distribution wallet.
With $5.1 billion still outstanding, the transfer is a component of the continuing $12.7 billion repayment plan. Arkham Intelligence’s on-chain data indicates that Alameda Research’s staking account moved about 198,425 SOL, or roughly $16.18 million, to a bankruptcy wallet connected to FTX.
$17M Before, $16M Now
Alameda still has almost 3.57 million SOL, or more than $293 million, in spite of this transfer. Alameda had previously unstaked significant quantities of Solana. As part of the same repayment procedure, Alameda unstaked $17 million in SOL earlier in March 2026.
After one of the largest falls in cryptocurrency, all of these transfers are part of ongoing payments to creditors. In the meantime, FTX and Alameda were ordered by a New York court to return $12.7 billion, of which $7.6 billion has since been paid and roughly $5.1 billion is still outstanding.
Why Doesn’t Alameda Sell Everything At Once?
The bankruptcy team doesn’t sell everything at once. Rather, the entire sum is being divided into smaller halves and transferred through other wallets.
This preserves the value for creditors and helps prevent a sharp decline in the price of SOL. Despite this cautious strategy, SOL has dropped almost 1% during the past day, trading close to $81.93.
Traders used to anticipate more selling after each big unlock, which resulted in a short-term decline of about 3% to 5%. Alameda’s SOL wallet will continue to be one of the most monitored addresses in cryptocurrency until the last creditor is compensated, with billions still to be recovered and ongoing monthly transactions.
Final Thought
Step by step, the billions flow, fear may grow, but who will know? Alameda Research still owns a significant portion of Solana, and every action has the potential to alter the market.
To maintain stable prices, the team is moving cautiously and gently. This keeps things under control and helps prevent unexpected declines.
However, when tokens unlock, minor price drops may occur. A lot of people are keeping a close eye on things to see what happens next. The market might remain tranquil if sales continue to be slow.
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