FTX/Alameda Unstakes and Transfers $430M in Solana to 37 Wallets

The FTX/Alameda estate wallets have received a significant transfer of $430 million in Solana ($SOL), according to multiple sources. This transaction has sparked speculation about the purpose of the funds, with possibilities including liquidation or other financial maneuvers.

Further developments show that 9 hours ago, FTX/Alameda unstaked 3.03 million $SOL, valued at approximately $431.3 million, and 3 hours ago, these assets were transferred to multiple wallets via the H4y...gFZ address. The distribution involved transferring the unstaked $SOL to about 37 different wallets, with one address receiving the largest share of 892,800 $SOL, worth about $128 million. A total of 12 addresses received more than $10 million worth of $SOL. Many of these addresses have previously received $SOL from monthly unstaking activities by FTX/Alameda, and subsequently transferred the received $SOL to exchanges like Coinbase or Binance.

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