Alameda moves SOL
Alameda unstaked about 198,425 SOL — roughly $16 million — and sent the tokens to an FTX bankruptcy wallet for possible creditor distribution. The transfer was reported April 13 as a concrete on‑chain supply movement tied to the FTX estate. (coindesk.com)
Alameda Research moved 198,425 Solana tokens on April 13 to a wallet tied to FTX bankruptcy payouts. (coindesk.com) The transfer was worth about $16 million at the time, and blockchain analytics firm Arkham Intelligence linked the sending address to Alameda. CoinDesk reported the destination wallet had been used for creditor reimbursements before. (coindesk.com) On Solana, staking means locking tokens to help validators run the network and earn rewards; unstaking is the step that unlocks those tokens so they can be moved or sold. Solana’s documentation says delegated stake helps secure the network and rewards token holders who leave funds locked with validators. (solana.com) This was not a one-off transfer. CoinDesk said Alameda made a similar Solana move about a month earlier, and other reports tracking the wallets said the FTX estate still held roughly 3.5 million to 3.6 million Solana after the latest unstake. (coindesk.com) (coincentral.com) The wallet movement landed two weeks after FTX Recovery Trust said it would send about $2.2 billion to creditors in a fourth distribution that began on March 31, 2026. FTX said those payments would go through BitGo, Kraken, or Payoneer for claimants who completed the required steps. (prnewswire.com) FTX’s bankruptcy has been running since November 2022, when FTX Trading Ltd. and affiliated debtors filed for Chapter 11 protection in Delaware. The Kroll case site lists the initial petition dates as November 11 and November 14, 2022. (cases.ra.kroll.com) The repayment process has frustrated some former customers because distributions are based on bankruptcy claim values fixed near the time of FTX’s collapse, not on current crypto prices. CoinDesk reported in March that the March 31 round was the fourth payout under the Chapter 11 plan. (coindesk.com) For Solana traders, the immediate question is supply. A token that is staked cannot be traded, but an unstaked token sent to an estate wallet is now available for distribution, and potentially for sale by recipients. (solana.com) (coindesk.com) So the April 13 transfer did not just show another Alameda wallet waking up. It showed the FTX estate turning locked Solana into movable assets again, one batch at a time. (coindesk.com)
