Alameda moves SOL

Alameda Research moved 198,425 Solana tokens on April 13 after unstaking them and sending them to a wallet tied to FTX bankruptcy payouts. (coindesk.com) The transfer was worth about $16.2 million at the time, and on-chain tracking cited by CoinDesk linked the destination address to earlier creditor reimbursement activity. (coindesk.com) Coinpedia, citing Arkham Intelligence data, reported Alameda still held about 3.57 million Solana tokens after the move, valued at more than $293 million. (coinpedia.org) Staking is a system that locks tokens to help run a blockchain and earn yield, and unstaking makes those tokens transferable again. On Solana, that means coins that were illiquid can become available for sale or distribution once the unlock is complete. (solana.com) The wallet movement lands in the middle of the FTX bankruptcy repayment process. CoinDesk reported on March 18 that the estate was preparing to distribute $2.2 billion to creditors in April 2026. (coindesk.com) This is not the first Solana transfer tied to the estate. CoinDesk said Alameda carried out a similar move about a month earlier, sending unstaked Solana to an address used for credit reimbursements. (coindesk.com) Solana’s market price was already sitting near recent lows before the transfer. CoinMarketCap data shows Solana closed at $81.54 on April 12 and $86.66 on April 13 after trading as low as $81.51 that day. (coinmarketcap.com) By late April 13 in the United States, CoinDesk’s price page showed Solana at $86.13 with about $1.82 billion in 24-hour trading volume. (coindesk.com) The open question is not whether Alameda can move more Solana, but how quickly those remaining tokens reach the same bankruptcy pipeline. The April 13 transfer turned one more locked tranche into visible supply. (coinpedia.org)