Solana News: FTX/Alameda Unstakes and Transfers Massive SOL Holdings

A significant development in the Solana (SOL) ecosystem has emerged as FTX/Alameda unstakes and transfers a庞大的数量 of SOL tokens. Here’s a closer look at what transpired and its potential implications.

FTX/Alameda Unstakes and Transfers Large Amount of SOL

On March 4, 2025, FTX/Alameda unstaked 3.03 million SOL (approximately $431.3 million) and transferred the funds to multiple wallets. According to onchain data, 37 wallets received the SOL, with one wallet receiving the most at 892,800 SOL worth about $128 million. A total of 12 addresses also received more than $10 million worth of SOL. FTX/Alameda has been redeeming and transferring large amounts of Solana (SOL) from its staking address since November 2023.

Solana’s Price Volatility and Future Outlook

Solana [SOL] saw a significant price surge, reclaiming $180 and increasing by 24.40% in a day. Analysts projected the next key resistance to be NEAR $213, supported by Trump’s endorsement of Solana’s inclusion in the Strategic Reserve. However, the cryptocurrency experienced a sharp retracement among high-cap assets, dipping below its pre-election levels.

FTX/Alameda Unstaking SOL: Potential Impact on Solana

FTX/Alameda recently unstaked a significant portion of its Solana holdings—3.03 million SOL, valued at $432.5 million. This large-scale unstake marks the biggest one since November 2023 and has fueled mixed market expectations. Solana [SOL] was trading at $137.20, marking a 13.92% decline over the past 24 hours. Investors are closely monitoring the situation to assess the potential for further price drops or market absorption without major disruptions. Additionally, Solana’s integration into the U.S Crypto Reserve is another factor influencing market sentiment.

FTX/Alameda Unstakes 3.03M SOL, Raises Concerns

FTX/Alameda has unstaked 3.03 million Solana (SOL), raising concerns about potential market pressure. Blockchain analytics platform Lookonchain reported that approximately $41.3 million worth of SOL was transferred to multiple crypto wallets. Of these, 24,799 SOL ($3.38M) has been deposited to Binance, liquidating the asset. This development has had a significant trading impact, with a recent surge in price and trading volume suggesting increased market activity.