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FTX/Alameda Unstakes $432M in SOL Sending Tokens to Exchanges, Adds to SOL Price Pressure

Coinedition LogoCoinedition14h ago

FTX/Alameda Unstakes $432M in SOL Sending Tokens to Exchanges, Adds to SOL Price Pressure - Coinedition

Quick Summary:

FTX/Alameda Research performed the largest unstaking of Solana (SOL) tokens since November 2023, moving 3.03 million SOL, valued at roughly $432.5 million.  These tokens were sent to 37 wallets, likely to be deposited onto major exchanges like Coinbase and Binance.

This action is part of a larger plan, with another 11.2 million SOL tokens scheduled […]

The post FTX/Alameda Unstakes $432M in SOL Sending Tokens to Exchanges, Adds to SOL Price Pressure appeared first on Coin Edition.

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 06:00:00 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 145 words

Reading Time: 1 minutes read

Sentences: 50 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26656901

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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The story "FTX/Alameda Unstakes $432M in SOL Sending Tokens to Exchanges, Adds to SOL Price Pressure" was covered 14 hours ago by Coinedition, a news publisher based in India.

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  • URL: https://beamstart.com/news/ftxalameda-unstakes-432m-in-sol-17410698104856

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