FTX-Alameda Wallet Unstakes $32 Million SOL: Impact on Solana Market

A significant move has been observed in the FTX bankruptcy proceedings involving the unstaking of a substantial amount of Solana (SOL) tokens from an affiliated wallet. This action, which amounts to roughly $32.24 million in value, raises questions about potential market impact and further implications for the crypto ecosystem. 187,625 SOL tokens were recently unstaked, highlighting the ongoing efforts to liquidate assets tied to the collapsed FTX and Alameda Research entities.