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March 13, 2025

FTX and Alameda Unstake 23 Million in Solana Amid Debt Settlements

FTX and its affiliate, Alameda Research, have recently undertaken significant actions regarding their holdings in Solana (SOL). In a move to settle outstanding creditor debts, they have unstaked and transferred 185,345 SOL tokens, valued at approximately 22.9 million dollars, across 38 different wallets. This decision marks a critical moment as the defunct organization continues to address its financial obligations. The blockchain community is watching closely to understand the impact of these actions on Solana’s market performance and investor confidence. As stakeholders assess the implications of these withdrawals, they may reveal insights into FTX’s strategic thinking during this challenging period. This evolving narrative adds another layer of complexity for those involved in the Solana ecosystem, underscoring the importance of ongoing market analysis and updates.

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